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Thursday, September 15, 2016

Cadence Opens New Facility in Bengaluru

Cadence Design Systems today announced the inauguration of its new office space at RMZ EcoWorld Business Park on Sarjapur Outer Ring Road in Bengaluru. Over 700 employees work in the new office; it is Cadence’s second largest site in India after Noida, and the third largest globally.
 
Teams at the Bangalore site are primarily involved in IP R&D, core electronic design automation (EDA) R&D, customer-facing activities and global IT support.
 
Speaking on the occasion of the inauguration, Cadence® President and CEO Lip-Bu Tan said, “Cadence was one of the first companies to set up operations in India almost 30 years ago. The India operations have contributed significantly to all of Cadence’s technology verticals, and we continue to grow our presence here. The availability of world-class talent and proximity to customers make the Bengaluru office an important one for Cadence. I look forward to more growth, innovation and success in India.”
 
Jaswinder Ahuja, corporate vice president and managing director, Cadence India, added, “The new office in Bengaluru is a significant milestone in Cadence’s India journey. Cadence has always believed in being close to customers and, to that end, Bengaluru is an important site for Cadence worldwide, considering the number of semiconductor companies located in the city. This facility, where all the teams are co-located under one roof, provides an ideal environment to stimulate a culture of collaboration and innovation, and will help cement our position as a great place to work in India.”

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