In fact I'll go further - in my experience people with a software background make much better hardware designers than people with an EE background because they are aware of modern software best practices. Many hardware designers are happy to hack whatever together with duck tape and glue. As a result most of the hardware industry is
decades behind the software industry in many ways, e.g. still relying on hacky Perl and TCL scripts to cobble things together.
The notable exceptions are:
* Formal verification, which is very widely used in hardware and barely used in software (not software's fault really - there are good reasons for it).
* What the software guys now call "deterministic system testing", which is just called "testing" in the hardware world because that's how it has always been done.