Cadence Elects Tan to Its Board of Directors


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San Jose, Calif. — Cadence Design Systems Inc. announces that Lip-Bu Tan, chairman and founder of Walden International, has been elected to the Cadence Board of Directors.

Tan has been active in the venture capital industry for the past two decades with a special focus on software, semiconductors and communications. He introduced and pioneered the U.S. venture capital concept in Asia and contributed towards the promotion of early-stage technology investing in the Asia-Pacific region. He is a board member of Flextronics, the National Venture Capital Association (NVCA), a member of the Visiting Committee for the Department of Electrical Engineering and Computer Science at the Massachusetts Institute of Technology, and a member of the Committee of 100.

Tan received his M.S. in nuclear engineering from the Massachusetts Institute of Technology, his MBA from the University of San Francisco, and his B.S. from Nanyang University in Singapore.

Cadence is the largest supplier of electronic design technologies, methodology services, and design services. For more information, visit www.cadence.com.

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