SAN JOSE, CA– Cadence Design Systems Inc. has been raised from “underweight” to “overweight” by J.P. Morgan Securities. The upgrade is attributed to the company’s scheduled restructuring and contract renewals, according to the securities service.

There is still plenty of work ahead for Cadence, though. Management needs to breathe life into a lagging product portfolio while addressing new competition in its analog strong hold. The company's workforce also needs to be restructured to combat a decreasing demand for EDA.

The upgrade, according to market analysts, could increase margin expansion up to 21% by 2010. Meanwhile, company shares look good for the free cash flow multiple and discounted free share flow basis. 

 

SAN JOSE – Freescale Semiconductors director of packaging technology Glenn Daves will keynote an upcoming MEPTEC symposium on packaging.
 
The symposium, Packaging Developments and Innovations: From System Design to Integrated Delivery, takes place Nov. 13 in San Jose.
 
In his presentation, Aligning of Packaging Development with the Market, Daves will discuss how the interplay of competing requirements and constrained schedules often makes market alignment a complex undertaking, and show examples of market requirements and the packages and technologies that resulted from the alignment process.
 
A second keynote, by Mike Crawley, will cover how to play a role in significant technological advances.
 
Other presentations include advanced packages and processes; packaging to board assembly trends; microelectronics substrate fabrication and assembly innovations, and design tools and co-design solutions.
 
To register, visit www.meptec.org.