The Semiconductor Industry Association awarded its highest honor to Lip-Bu Tan, the former CEO of Cadence Design Systems and the founder of the venture capital firm Walden International.
Tan served as CEO of Cadence, a maker of chip design tools and simulation software, for 13 years. And in 1987, he founded Walden International. At that time, nobody wanted to invest in semiconductor companies as chip making was getting so expensive.
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