SAN JOSE -- Cadence Design Systems today promoted Dr. Anirudh Devgan president, effective immediately.

Devgan will report to Lip-Bu Tan, Cadence chief executive officer. Devgan was previously executive vice president and general manager of the Digital & Signoff Group and the System & Verification Group.

As president, Devgan will oversee Cadence’s EDA products, including the digital implementation and signoff, functional verification, custom IC design, PCB and packaging businesses. Additionally, he will be responsible for the corporate strategy, marketing ­and business development functions.

“This is an exciting time for Cadence, and Anirudh will play a key leadership role as we capture opportunities that are being driven by groundbreaking trends in high-performance and edge computing, automotive electronics and machine learning, among others,” said Tan. “Anirudh is a visionary and an innovator and a strong team leader with broad operational experience. Both Cadence and its customers will benefit from his enhanced role.”

“It is an honor to step into the role of president as Cadence continues to execute well across all areas of our business,” said Devgan. “I look forward to working closely with Lip-Bu and my talented colleagues to accelerate our momentum and drive further growth.”

Devgan is a 25-year industry veteran. Prior to joining Cadence in 2012, he spent seven years as general manager of the Custom Design business unit of at Magma Design Automation. He also spent 12 years at IBM in a variety of technical and management roles. He received numerous awards there, including the IBM Outstanding Innovation award. He is an IEEE Fellow and has numerous research papers and patents. He has a bachelor's of technology in electrical engineering from the Indian Institute of Technology, and master's and doctoratal degrees in electrical and computer engineering from Carnegie Mellon.

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