Cadence Design Systems, a leader in the development of innovative electronic designs, has signed up as a new official equipment supplier to the BMW Sauber F1 Team and new official partner of the Formula BMW junior category of motor racing.
Alongside classical sponsoring, the agreement also covers in-depth technical cooperation. As BMW Motorsport Director Mario Theissen emphasises: “Like us, our partners work to high technological and innovative standards. That is a key element in achieving success in the high-tech world of Formula One and also a major factor in the development of the series-produced BMW cars of the future.”
Cadence has its headquarters in San Jose in the US state of California and employs a total of around 5,300 people at locations worldwide. In 2006 the company reported turnover of 1.5 billion US dollars. Customers use Cadence software and hardware, methodologies, and services to design and verify advanced semiconductors and electronic systems used in consumer electronics, networking and telecommunications equipment, computers, automotive systems and more.