Investors and Cadence employees should be outraged if the A-holes in charge of this x-routing product are still on the Cadence payroll. Think about the tens of millions of dollars wasted for this piece of cr*p.
I was one of the developers who worked on the X-architecture...Laid-off since January. I was also duped into thinking I was working on something special. I decided to leave out all mention of my work on X-arch. on my resume. I feel like a victim of the EDA's version of the Madoff ponzi scheme.
Cadence didn't buy Simplex for the X-Initiative. X-Initiative was successfully taping out chips when the SOC management decided to kill it because it was not making enough money to justify the run rate. Since X was producing working silicon with lower power, I would not declare it a fraud. Some management was making money on X like they do on every project, whether the product works or not. The X staff was integrated into the SOC teams and their time was spent working on SOC, so the expected outcome occurred, X was cancelled. Parts of the product were integrated into SOC. Whether Cadence paid too much for Simplex is a seperate issue. The product was killed in 2007, so why bring it up now?
"Since X was producing working silicon with lower power, I would not declare it a fraud."
It looks like you fell for the marketing spin as well. If you know anything about chip design and manufacturing, it's relatively easy to produce "working" silicon test-chips. Production quality releases are a totally different story.