I think, Cadence (and Synopsys) acting as both VCs and acquirers is the ONLY way forward right now for the EDA business. Cadence has done this before for many years with Telos. It allowed them to keep the innovation investment outside their P&L, a useful trick in Wall Street's daft game of quarterly earnings and short term point of view.
EDA: Bring Costello Back? [View article]
Cadence Names New CEO [View article]