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Nuance Communications (NUAN) Message Board

  • opalockamishabob opalockamishabob Feb 23, 2013 9:48 PM Flag

    O.T. Recent I.B.D. Article on Cadence "CDNS" Design

    The article starts off with the following line...

    "There's nothing like a new CEO to whip a sagging business back into shape."
    It goes on to say...

    "Key to its success have been the efforts of Chief Executive Lip-Bu Tan, who took the helm in early 2009. Tan, along with a new management team to support him, gave the company a good overhaul.

    Deal Quality

    Tan and his team revamped the company's business practices to focus on deal quality rather than short-term bookings and revenue, says analyst Richard Valera of Needham & Co. The strong adherence to deal quality, he says, set the foundation for much more predictable, sustained growth over the next several years. Since then, Cadence has logged nine straight quarters of double-digit sales growth. Earnings have climbed by at least double digits in the same time.

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