Anirudh Devgan

{{Short description|Indian-American computer scientist and business executive}}

{{Infobox person

| name = Anirudh Devgan

| image = Anirudh Devgan.jpg

| native_name =

| native_name_lang =

| pronunciation =

| birth_name =

| birth_date = {{Birth date and age|1969|09|15}}

| birth_place = New Delhi, India

| nationality = Indian, American

| alma_mater =IIT Delhi (B.Tech)
Carnegie Mellon University (MS, PhD)

| occupation = Business executive, computer scientist

| years_active = 1990s-present

| known_for = Research on electronic design automation

| title = CEO and President of Cadence Design Systems

| boards = ESD Alliance, Global Semiconductor Alliance

}}

Anirudh Devgan (born September 15, 1969){{Cite web |title=Anirudh Devgan - Bio, Education, Salary, Family, Achievements |url=https://www.globalindian.com/profiles/anirudh-devgan/ |access-date=2023-11-24 |website=The Global Indian |language=en-US}} is an Indian-American computer scientist and business executive. As a scientist, Devgan is known for his contributions to electronic design automation, specifically circuit simulation, physical design and signoff, statistical design and optimization, and verification and hardware platforms. A fellow of the Institute of Electrical and Electronics Engineers, he is also member of the National Academy of Engineering.{{cite web |date=February 7, 2023 |title=National Academy of Engineering Elects 106 Members and 18 International Members |url=https://www.nae.edu/289843/NAENewClass2023 |publisher=National Academy of Engineering}}

Since 2021, Devgan has served as President and CEO of Cadence Design Systems,{{cite web | url = https://www.reuters.com/technology/cadence-lifts-revenue-forecast-ai-boom-boosts-chip-design-demand-2023-07-24/ | title = Cadence lifts full-year forecast, shares dip on short-term outlook | publisher = Reuters| first1 = Stephen | last1 = Nellis | first2 = Tanya | last2 = Jain| date = July 24, 2023}}{{cite web| url = https://www.youtube.com/watch?v=BG1_3DpMwyM | publisher = CNBC Television | title = Interview with Anirudh Devgan | date = February 2023}} and previously worked at IBM and Magma Design Automation. He serves on the boards of the Global Semiconductor Alliance{{cite web | url = https://www.gsaglobal.org/gsa-leadership/board-of-directors/ | title = GSA Board of Directors | publisher = Global Semiconductor Alliance | access-date = September 2, 2023}} and the ESD Alliance.{{cite web| url = https://www.semi.org/en/communities/esda/about-esda | title = About the ESD Alliance| publisher = SEMI | access-date = September 2, 2023}}

Early life and education

Anirudh Devgan was born on September 15, 1969 in India. He spent his childhood in New Delhi, where his father was a professor at the Indian Institute of Technology Delhi (IIT Delhi). After attending Delhi Public School (DPS),{{Cite web |title=Meet Anirudh Devgan, IIT Delhi alumnus CEO of Rs 525,000 crore company, his salary is... |url=https://www.dnaindia.com/business/report-meet-anirudh-devgan-iit-delhi-alumnus-ceo-of-rs-525000-crore-company-estimated-net-worth-is-cadence-3050029 |access-date=2023-11-24 |website=DNA India |language=en}} he attended IIT Delhi from 1986 until 1990, graduating with a Bachelor of Technology degree in electrical engineering.{{cite web |url=https://www.nae.edu/290977/Dr-Anirudh-Devgan |title=Dr. Anirudh Devgan (with downloadable Curriculum Vitae) |publisher=National Academy of Engineering}}

Moving to the United States to attend Carnegie Mellon University in Pennsylvania, at Carnegie Mellon he earned his Master's Degree (1990-1991) and Ph.D (1991-1993) in electrical and computer engineering.Ritesh K Srivastava, [https://www.msn.com/en-in/money/topstories/who-is-anirudh-devgan-the-iit-delhi-graduate-and-cadence-ceo-who-earns-rs-72-6-lakh-per-day-his-annual-package-will-blow-your-mind/ar-AA1fnYXy Who Is Anirudh Devgan? The IIT Delhi Graduate And Cadence CEO Who Earns Rs 72.6 Lakh Per Day, His Annual Package Will Blow Your Mind], msn.com; story provided by Zee News He began attending the Stanford Graduate School of Business in 2018.

Career

=IBM and Magma Design Automation=

After graduating with his Ph.D., Devgan's first job was working for IBM Research in Yorktown Heights, New York starting in 1994. He did research for several years before moving into a product group within International Business Machines Corporation (IBM).{{cite web |publisher=BestTech Views |url=https://besttechviews.com/computational-software-transforms-hardware-system-design/ |title=Computational Software is Transforming System Design & Hardware Design}} Retrieved August 2020. He ultimately spent 12 years at IBM in management and research, working at divisions such as the IBM Thomas J. Watson Research Center, the IBM Server Division, the IBM Microelectronics Division, and the IBM Austin Research Lab. At IBM, his research on electronic design automation (EDA) algorithms and design optimisation techniques "contributed to IBM’s leadership in the 1990s and 2000s in high-performance microprocessor and server designs."

Devgan joined Magma Design Automation in 2005,{{Cite web |title=Dr Anirudh Devgan honoured by EDA industry |url=https://www.electronicsonline.net.au/content/business/news/dr-anirudh-devgan-honoured-by-eda-industry-176690346 |access-date=2023-11-24 |website=www.electronicsonline.net.au |language=en}} where he held various roles{{cite web |publisher=eeNews Europe |url=https://www.eenewseurope.com/news/cadence-moves-new-ceo |title=Cadence moves to new CEO |access-date=July 27, 2021}} such as Corporate Vice President and General Manager of the company's Custom Design Business Unit.{{cite web| work = The Wall Street Journal | url = https://www.wsj.com/market-data/quotes/CDNS/company-people/executive-profile/41118420 | title = Anirudh Devgan profile | access-date = September 2, 2021}} During his seven years at Magma, he "initiated and brought to market multiple new products in the areas of circuit simulation, analog mixed-signal design, physical verification, library characterisation and 3D extraction among others."

=Cadence Design Systems=

In 2012, Devgan joined Cadence Design Systems, a software development company based in San Jose, California{{Cite web |last= |title=Chip packaging is the next battleground for tech lead, CEO says - ET Telecom |url=https://telecom.economictimes.indiatimes.com/news/devices/chip-packaging-is-the-next-battleground-for-tech-lead-ceo-says/103827318 |access-date=2023-11-24 |website=ETTelecom.com |language=en}} that focuses on tools to aid in chip design. Holding a number of senior leadership roles, he initially served as executive vice president and general manager of the company's Digital & Signoff Group and System Verification Group.

He was named Cadence president in November 2017. The role gave him oversight of Cadence’s EDA products, as well as corporate strategy, marketing and business development.{{Cite web |title=Cadence appoints Anirudh Devgan as President {{!}} Semiconductor Digest |url=https://sst.semiconductor-digest.com/2017/11/cadence-appoints-anirudh-devgan-as-president/ |access-date=2023-11-24 |language=en-US}} Devgan joined the Cadence board of directors in August 2021, and in December 2021 he was promoted to CEO.{{Cite web |title=EE Times Weekend Edition: Saturday 16 April 2022 |url=https://www.eetimes.com/nl-archive/EE-Times-Weekend-220416.html |access-date=2023-11-24 |website=www.eetimes.com}} He succeeded Lip-Bu Tan.{{cn|date=September 2023}} Devgan had established Cadence's Intelligent System Design strategy by 2022, focusing on incorporating artificial intelligence and machine learning into the company's products and software platforms. Under Devgan, in 2022 the Cadence Giving Foundation donated $3.7 million to various initiatives, and the following year, Cadence invested $50 million in a racial equity fund managed by the Royal Bank of Canada and Global Asset Management.https://www.forbes.com/sites/moorinsights/2023/09/19/how-cadence-design-systems-50-million-racial-equity-investment-is-changing-lives/

By 2023, Devgan had been quoted by publications such as The New York Times on matters relating to software and chip manufacturing.{{Cite news |last=Clark |first=Don |date=2023-05-11 |title=U.S. Focuses on Invigorating 'Chiplets' to Stay Cutting-Edge in Tech |language=en-US |work=The New York Times |url=https://www.nytimes.com/2023/05/11/technology/us-chiplets-tech.html |access-date=2023-11-24 |issn=0362-4331}} Interviewed for CNBC's Closing Bell about Cadence's financials in February 2023,{{Cite web |title=Watch CNBC's full interview with Cadence Design Systems CEO Anirudh Devgan |url=https://www.cnbc.com/video/2023/02/14/watch-cnbcs-full-interview-with-cadence-design-systems-ceo-anirudh-devgan.html |access-date=2023-11-24 |website=CNBC |language=en}} Devgan asserted that almost any chip designed in the world was done so with Cadence software.{{Cite web |title=Almost any chip designed in the world is done so with Cadence software, says CEO Anirudh Devgan |url=https://www.cnbc.com/video/2023/02/14/almost-any-chip-designed-in-the-world-is-done-so-with-cadence-software-says-ceo-anirudh-devgan.html |access-date=2023-11-24 |website=CNBC |language=en}} He appeared again on CNBC in May 2023 on Mad Money with Jim Cramer, again to discuss the semiconductor industry and Cadence.{{Cite web |title=Cadence Design Systems CEO Anirudh Devgan sits down with Jim Cramer |url=https://www.cnbc.com/video/2023/05/24/cadence-design-systems-ceo-anirudh-devgan-sits-down-with-jim-cramer.html |access-date=2023-11-24 |website=CNBC |language=en}} In September 2023, he was quoted by Bloomberg stating the US should invest more in semiconductor packaging to ensure it was leading in areas such as artificial intelligence. In 2023, he was ranked the fifth highest-paid CEO of Indian nationality,"[https://www.news18.com/business/sundar-pichai-to-shantanu-narayen-5-highest-paid-indian-ceos-8690883.html Sundar Pichai To Shantanu Narayen, 5 Highest-paid Indian CEOs]," News18 (2023) and in 2024, he was ranked the 172nd highest paid CEO in the United States."[https://ceoworld.biz/2024/05/30/ranked-highest-paid-ceos-in-america/ Ranked: Highest-paid CEOs in America]," CEOWORLD Magazine, Despina Wilson (2024) He was a speaker at the J.P. Morgan Global Technology Media and Communications Conference in May 2024."[https://markets.ft.com/data/announce/detail?dockey=600-202405141615BIZWIRE_USPRX____20240514_BW021449-1 Cadence’s Anirudh Devgan to Present at J.P. Morgan Conference]", Cadence (2024)

Research

Much of Devgan's research is centered on electronic design automation (EDA), with contributions in areas such as circuit simulation, physical design and signoff, statistical design and optimization, and verification and hardware platforms, among others.

Boards

He currently serves on the boards of the Global Semiconductor Alliance and the ESD Alliance. In August 2022, the American Heart Association named him chair of the Heart of the Bay fundraising campaign.{{Cite web |title=Anirudh Devgan |url=https://www.bizjournals.com/sanjose/potmsearch/detail/submission/6518644/Anirudh_Devgan |access-date=2023-11-24 |website=www.bizjournals.com}}

Awards and honors

Announced in November 2006,{{cite press release |title=Magma's Anirudh Devgan Named IEEE Fellow |url=https://www.marketscreener.com/quote/stock/MAGMA-DESIGN-AUTO-9847/news/Magma-Design-Autom-Magma-s-Anirudh-Devgan-Named-IEEE-Fellow-257996/ |publisher=Magama Design Automation |date=November 30, 2006 |accessdate=September 17, 2023}} in 2007 he was elected an IEEE Fellow for "contributions to electrical analysis, and simulation of integrated circuits."{{cite web |title=Awards |url=https://www.dac.com/portals/0/documents/archive/2007/44award.pdf |publisher=Design Automation Conference |date=2007 |access-date=September 17, 2023}} He then received the 2021 Phil Kaufman Award for his contributions to electronic design automation,{{cite web| url = https://www.semi.org/en/communities/esda/mediaLibrary/20220310_PhilKaufmanAward | title = 2021 Phil Kaufman Award: Anirudh Devgan | publisher = SEMI | date = 2021}}{{Cite web |title = 2021 Phil Kaufman Award Dinner |publisher=IEEE Council on Electronic Design Automation |url=https://ieee-ceda.org/post/2021-phil-kaufman-award-dinner |access-date=2023-05-25}} and in 2023 was elected a member of the National Academy of Engineering "for technical and business leadership in the electronic design automation industry."{{cite press release |url=https://www.nae.edu/289843/NAENewClass2023 |title=National Academy of Engineering Elects 106 Members and 18 International Members |publisher=National Academy of Engineering}}