Cadence to Acquire Future Facilities, A Pioneer in Data Center Digital Twins
Summary
The addition of Future Facilities’ technologies and expertise supports the Cadence® Intelligent System Design™ strategy and enables companies to make informed business decisions about data center design, operations and lifecycle management that reduce their carbon footprint. “The global data center market is driving the digital world and is immense with investments upwards of $200 billion a year,” said Tom Beckley, senior vice president and general manager of the Custom IC & PCB Group at Cadence. The addition of Future Facilities’ experienced team and proven technologies enables Cadence to provide comprehensive chip, package, PCB and system data center solutions that deliver efficiency gains and power savings and minimize downtime. Cadence customers are the world’s most innovative companies, delivering extraordinary products from chips to boards to complete systems for the most dynamic market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial and healthcare. Customers include design consultants, colocation providers, electronics manufacturers, investment banking enterprise companies, social media organizations, and others from the automotive, aerospace, oil and gas and government sectors.