In an unusual piece of subcontracting, Unisys Corp has signed Cadence Design Systems Inc, San Jose to do all its chip design work under a $75m five-year contract. Over 150 Unisys hardware and software designers will transfer to Cadence. The deal is seen as by far the largest multi-year contract ever undertaken by Cadence or any other electronic design automation company. The arrangement calls for Unisys to provide current and future Cadence employees access to its facilities in Rancho Bernardo, California, Roseville, Minnesota and Tredyffin, Pennsylvania for the duration of the contract, and Cadence will provide the ASIC design and engineering expertise necessary to complete current and future hardware design projects as specified in the contract.
