Cadence Appoints Martin Lund to Lead SoC Realization Business
March 05 2012 - 9:00AM
Marketwired
Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global
electronic design innovation, today announced the appointment of
Martin Lund to the position of senior vice president of research
and development for the SoC Realization Group, a business which
provides differentiated standards-based design intellectual
property (IP) and services to the electronics industry. Lund's
primary focus is to expand the Cadence design IP portfolio,
enabling customers to realize their System-on-Chip (SoC) products
faster, cheaper and with higher quality. He joins Cadence from
Broadcom, where he served for twelve years, most recently as senior
vice president and general manager of Broadcom's Network Switching
Business. Lund succeeds Sanjay Srivastava, who moves into a new
role as strategy advisor to Cadence CEO Lip-Bu Tan.
"SoC Realization is a strategic growth area for Cadence," said
Lip-Bu Tan, president and CEO. "While at Broadcom, Martin Lund grew
the company to become the global leader in Ethernet switch SoCs for
data center, service provider, enterprise, and SMB markets, and
successfully drove several strategic acquisitions. His extensive
operational experience equips him well to scale our SoC Realization
business."
"Cadence is in an excellent position to deliver differentiated
IP for memory, storage and connectivity," said Martin Lund.
"Customers are looking to Cadence to be their trusted partner in
delivering these IP reliably and with high quality. This is an
exciting time to join Cadence and I am looking forward to helping
accelerate the company's success."
Lip-Bu Tan continued, "I want to thank Sanjay Srivastava for
successfully guiding our IP strategy following the acquisition and
integration of Denali. I look forward to working with him in his
new role."
Prior to Broadcom, Lund held various marketing and senior
engineering management positions in the Network Systems Division of
Intel Corporation and at Case Technology, a European networking
equipment manufacturer acquired by Intel in 1997. Lund is an
inventor on 26 issued and pending US patents. He holds a technical
degree from Frederiksberg Technical College and Risø National
Laboratory at the Technical University of Denmark.
About Cadence Cadence enables global
electronic design innovation and plays an essential role in the
creation of today's integrated circuits and electronics. Customers
use Cadence software, hardware, IP, and services to design and
verify advanced semiconductors, consumer electronics, networking
and telecommunications equipment, and computer systems. The company
is headquartered in San Jose, Calif., with sales offices, design
centers, and research facilities around the world to serve the
global electronics industry. More information about the company,
its products, and services is available at www.cadence.com.
Cadence and the Cadence logo are registered trademarks of
Cadence Design Systems, Inc. in the United States and other
countries. All other trademarks are the property of their
respective owners.
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For more information, please contact: Craig Cochran Cadence
Design Systems, Inc. craig@cadence.com 408-914-6277
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