Man, there's some ugly financial results being reported by almost all EDA companies lately. Take a look at Sramana Mitra's financial review.
And poor LogicVision is facing a measly $10M takeover offer, as John Ford covers in Merry Christmas… We want your company
Ms. Mitra surveys the current situation of EDA companies in the provocatively titled EDA: Bring Costello Back?. The title of the post alludes to Cadence's vacancy at the top, of course. For those of you too young to remember, Joe Costello was the charismatic and highly energetic CEO of Cadence from its founding through 1997. It's fun to reminisce about EDA's heyday and colorful characters, but it's probably wishful thinking that he'd want to come back and try to revive Cadence's business.
Meanwhile, John Cooley has a list of 47 candidates for Cadence CEO. What do you think about that list? I get his point, that he strongly believes the new leader should be an EDA veteran. But 47 names? Too unfocused. It's almost like he's name-dropping all the EDA executives he knows.
In my opinion, the best candidate might be a proven CEO or top executive of an EDA start-up, or an autonomous General Manager of an EDA company division. The candidate should be strong technically and have a track record of managing and growing the business. Not "just a Sales guy", or some VP who dropped into the company after it was already up and running. Perhaps a founder of the company, with passion and real leadership. Let's hope they find a great leader, both for the industry and the sake of chip designers everywhere.
Let's hope we don't end up with one company dominating the industry. That would be insufferable, like Ernestine the Operator's (monopoly) Telephone Company