Lawsuits With Avant!
As a large public company, Cadence has been involved in a number of legal disputes. Two in particular are notable:
Cadence was involved in a long running (6 years) legal dispute with Avanti Corporation, in which Cadence claimed Avant! stole Cadence code, and Avant! denied it. According to Business Week "The Avant! case is probably the most dramatic tale of white-collar crime in the history of Silicon Valley". The Avant! executives eventually plead no contest and Cadence received several hundred million dollars in restitution. Avant! was then purchased by Synopsys, which paid $265 million more to settle the remaining claims. The case resulted in a number of legal precedents.
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