CENTENNIAL, Colo. and
SAN JOSE, Calif., Jan. 13, 2016 /PRNewswire/ -- Arrow
Electronics (NYSE: ARW) and Cadence Design Systems, Inc. (NASDAQ:
CDNS) today announced a collaboration that will bring integrated
design tools to engineers, helping them accelerate the pace of new
product development and get products to market faster and
cheaper.
As part of the collaboration, the companies plan to allow
engineers using the Cadence® OrCAD® suite of printed circuit board
(PCB) design tools to access Arrow's comprehensive online component
and reference design data available through SiliconExpert. Access
to this component and reference design data early in the design and
schematic-capture process can help engineers shorten their time to
market by achieving production-ready designs and ensuring that
components are readily available, regulatory compliant and have
lifecycles consistent with product requirements and cost
targets.
The collaboration also allows Arrow's global team of support and
solutions engineering teams to add the OrCAD suite of design tools
to their portfolio, enabling them to create and deliver reference
designs in OrCAD formats and better support engineers who utilize
OrCAD design tools.
"Arrow is excited to collaborate with Cadence to better serve
our customers," said Cathy Morris,
chief strategy officer for Arrow Electronics. "This strategic
collaboration with Cadence is another example of how Arrow is
driving innovation forward for the designers, engineers, makers and
innovators we support."
"The collaboration with Arrow allows customers to access
qualified components while using the Cadence PCB suite so they can
deliver innovative designs to market faster," said Tom Beckley, senior vice president and general
manager, Custom IC and PCB Group at Cadence. "Many of our customers
already use Arrow products and services, so the collaboration can
provide a seamless customer experience."
About Arrow Electronics
Arrow Electronics is a global
provider of products, services and solutions to industrial and
commercial users of electronic components and enterprise computing
solutions. Arrow serves as a supply channel partner for more than
100,000 original equipment manufacturers, contract manufacturers
and commercial customers through a global network of more than 460
locations in 56 countries. Learn more at www.arrow.com.
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 its services is
available at www.cadence.com.
© 2016 Cadence Design Systems, Inc. All rights reserved
worldwide. Cadence, the Cadence logo and OrCAD 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.
Cadence
Newsroom
|
Meghan Macdonald,
Arrow PR
|
408-944-7039
|
(303)
824-4589
|
newsroom@cadence.com
|
mmacdonald@arrow.com
|
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SOURCE Cadence Design Systems, Inc.