Cadence and Denali: perhaps more than meets the eye
At surface level, Cadence's acquisition of Denali Software today could make sense in purely business terms, but it remains hard to see how. Denali's strengths are in simulation models of memory subsystems, verification IP (VIP) for a wide variety of standard interfaces and busses, and a range of controller and interface design IP. Cadence's strengths include the environment in which VIP is used, VIP for a wide variety of standard interfaces and busses, and a range of controller and interface design IP. A quick Venn diagram suggests that Cadence wanted Denali's memory models enough to pay for the whole works, overlaps and all.
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