Aeva Licenses Cadence Tensilica DSP to Accelerate 4D LiDAR Systems
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4 hours ago
0mins
Should l Buy CDNS?
Cadence (CDNS) announced that Aeva (AEVA) has licensed Cadence Tensilica Vision DSP IP to accelerate signal processing in its 4D LiDAR systems-enabling flexible and scalable solutions for industrial robotics and automotive applications. "Cadence's DSP technology provides the flexibility and performance uplift we need to push the boundaries of perception and deliver scalable solutions to our industrial and automotive customers," said James Reuther, chief engineer of Aeva. "By integrating the Tensilica Vision DSP into our next-generation LiDAR systems, Aeva can leverage the powerful combination of Cadence's highly configurable hardware and comprehensive suite of optimized software libraries to accelerate innovation and bring advanced sensing capabilities to market faster."
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Analyst Views on CDNS
Wall Street analysts forecast CDNS stock price to fall
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 362.700
Low
275.00
Averages
350.00
High
390.00
Current: 362.700
Low
275.00
Averages
350.00
High
390.00
About CDNS
Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category provides solutions and services that enable the design and verification of complete electronic systems, from PCBs to complex system assemblies. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things, and artificial intelligence (AI).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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