Cadence Design Systems, Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Anirudh Devgan
- Full Time Employees
- 13,800
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Building 5 San Jose CA United States 95134
- IPO Date
- Jun 1, 1988
- CIK
- 0000813672
- Website
- cadence.com
- Similar Companies
- Business
- Cadence Design Systems, Inc. (CDNS) provides electronic design automation (EDA) software, hardware, and intellectual property (IP) for designing integrated circuits, systems-on-chips, printed circuit boards, and complex electronic systems; offers custom IC design and simulation tools including the Virtuoso Studio platform and Spectre X simulator; delivers digital implementation and signoff solutions such as Genus Synthesis Solution, Innovus Implementation System, Tempus Timing Signoff Solution, and Voltus Power Integrity Solution; supplies system verification products like Palladium Z2 emulation platform, Protium X2 prototyping system, Xcelium parallel simulator, and JasperGold formal verification; provides semiconductor IP including Tensilica DSP processors for AI, vision, and audio processing, interface IP such as USB, MIPI, Ethernet, and SerDes, along with memory compilers and analog/mixed-signal IP; offers PCB and packaging technologies via Allegro Platform and OrCAD/PSpice; develops systems design and analysis tools encompassing Sigrity for signal/power integrity, Clarity 3D solver for electromagnetics, Celsius thermal solver, Fidelity CFD for multiphysics simulation, and the Reality Digital Twin Platform; includes machine design solutions through the Millennium M1 multiphysics platform and OpenEye molecular modeling software for drug discovery. Founded in 1988 through the merger of SDA and ECAD and headquartered at 2655 Seely Avenue in San Jose, California, the company operates globally with over 12,700 employees, serving hyperscale computing, 5G communications, mobile, automotive, aerospace, defense, industrial, life sciences, consumer electronics, and cloud markets primarily in the Americas, Asia, and Europe. Recent developments include the September 2025 announcement of a €2.7 billion ($3.16 billion) acquisition of Hexagon AB's Design & Engineering division including MSC Software for structural analysis and simulation, expected to close in Q1 2026; the April 2025 acquisition of Arm's Artisan foundation IP business featuring standard cell libraries, memory compilers, and GPIOs; the January 2025 acquisition of Secure-IC for embedded security IP; the June 2024 $1.24 billion purchase of BETA CAE Systems to bolster multiphysics analysis; an extended strategic partnership with TSMC announced in October 2025 for AI-driven 3D-IC design and new memory IP; and a July 2025 $140 million settlement with U.S. authorities over prior export control violations to China.
Company News
Cadence Unveils Europe's First Sovereign AI Platform for Semiconductor, System and AI Factory Design in Collaboration with NVIDIA
Cadence AI Super Agents Enable Nokia to Accelerate Electronic System Design on Millennium M2000 Supercomputer
Cadence Design Systems (CDNS) Stock Sinks As Market Gains: Here's Why
Socionext Expands Agentic AI to Advanced, Large-Scale SoC Physical Design
Socionext Expands Agentic AI to Advanced, Large-Scale SoC Physical Design
Cadence: The Design Bottleneck Is Becoming More Valuable
Cadence Design Systems (CDNS) Outperforms Broader Market: What You Need to Know
3 Reasons Growth Investors Will Love Cadence (CDNS)
Cadence Design Systems (CDNS) Earnings Expected to Grow: Should You Buy?
Wall Street Analysts Believe Cadence (CDNS) Could Rally 25.01%: Here's is How to Trade
Krilogy Financial LLC Makes New $8 Million Investment in Cadence Design Systems, Inc. $CDNS
Why Cadence Design Systems (CDNS) Dipped More Than Broader Market Today
Semiconductor Equipment Stocks Slide as Investors Take Profits on a Huge Year: Applied Materials Sinks 7%, Lam Research and KLA Drop 4%
Cadence Design Systems: It Seems That The Customers Are Gaining Leverage
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