Sramana Mitra: Even on the private network, I am not sure that is working so well. One of the popular collaboration tools these days is Google Docs. You open up a spreadsheet in Google Docs, and 10 people around the world are able to see it. It is a smooth, real-time, convenient function. In the CAD
Sramana Mitra: There is an interesting company we track called ON24. It is more than $50 million company out of San Francisco, and they do large events. Are you familiar with them?
Sramana Mitra: Let me ask you a question about that. You gave the example of Adobe or Autodesk, right? These are media or CAD tool vendors, and typically CAD files or video files that are being edited are extremely heavy files. So, people tend to not edit these files in the cloud; they tend to edit them in their
With the Microsoft-Yahoo! drama fresh on everyone’s mind, Mike Fister and the Cadence board have finally done something that shows a bit of boldness, some imagination, and possibly some courage. Cadence has made a hostile takeover bid for Mentor Graphics.
Since the last catching up list on April 26, you may have accumulated more backlog. What’s with the Yahoo-Microsoft frenzy? Here’s a quick cache of the articles since then that you may want to make sure you read:
Twelve years ago, in 2008, it was clear that the labor arbitrage–based IT services industry that had made India a player in the global technology market was facing a threat. The key issue was supply-demand equilibrium. India’s engineering education system simply could not keep up with the demand for talent.
Cadence, (Nasdaq: CDNS) continued to be bothered with the woes of the EDA industry. Q1 results reported last week saw the quarter’s revenue drop by 21% annually and and 37% sequentially to $287 million. However, the revenue still beat market expectations of $285 million. EPS for Q1 met analyst expectation of $0.04, recording a fall
Magma Design Automation, Inc. (LAVA) provides electronic design automation software products and related services, and is our fourth and final company in the EDA review. In February 2007 I reviewed Magma and noted they were a potential acquisition target given their legal problems in a losing patent fight with Synopsys. I pondered on the possibility