Due to the breadth of our solutions, Cadence enjoys relationships with all the electronics industry leaders. This gives us a unique view into the challenges faced by our customers. As a result, Cadence can not only provide complementary design and verification capabilities but also facilitate open interoperability and optimized handoffs throughout the entire silicon design chain. Our partnerships extend to other EDA companies, leading silicon foundries, IP providers, verification service providers.
In addition, these relationships allow us to play a leadership role in a number of initiatives across the electronics industry. Cadence is actively involved in defining the standards that are necessary to ensure that tools, IP, and libraries interoperate seamlessly in our customers' design and manufacturing environments.