mergers

Cloud computing is gaining ground in EDA but close to a third of organizations are planning to stay with on-premises computing for the foreseeable future, according to a survey commissioned by IC Manage.

Wally Rhines, CEO Emeritus of Mentor, a Siemens business, delivered a bullish prognosis for the semiconductor and EDA sectors in a talk at the beginning of the Design Automation Conference in Las Vegas this week.

German industrial conglomerate to pay $4.5B to extend its PLM division into electronic chip and systems design.