26 Oct '11, 6pm

Cadence CEO talks venture capital: Speaking as a semiconductor venture capitalist, Tan lamented the significant

SANTA CLARA, Calif.--Collaboration and more semiconductor VC investment is what’s needed to continue innovation in the hi-tech space, said Lip-Bu Tan, president and chief executive officer of Cadence Design Systems Inc., in a fireside chat with ARM’s executive vice Simon Seagers at TechCon. With new technologies driving relationships between companies up and down the ecosystem, Tan--a longtime venture capitalist who remains chairman of Walden International, the VC fund he founded in 1989--agreed that collaboration had become an essential ingredient to product innovation, from startups to larger, more established companies. This collaboration could take multiple forms, he said, and was “very important in terms of shared risk.” Pointing to recent collaboration between Cadence, Samsung, Ambarella and ARM, Tan noted how important commitment and trust were in an environment whe...

Full article: http://www.eetimes.com/electronics-news/4230119/Cadence-C...

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