Cadence Design Systems, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Anirudh Devgan
- Full Time Employees
- 13,800
- Sector
- Technology
- Industry
- Software - Application
- Address
- Building 5 San Jose CA United States of America 95134
- IPO Date
- Jun 10, 1987
- 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
B. Metzler seel. Sohn & Co. AG Purchases 4,163 Shares of Cadence Design Systems, Inc. $CDNS
Cadence's Anirudh Devgan to Present at Goldman Sachs Communacopia + Technology Conference
Cadence Design Systems (CDNS) Falls More Steeply Than Broader Market: What Investors Need to Know
Cadence Subsystem for PCIe 6.0 Architecture Achieves First-Pass PCI Express Specification Compliance
Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields: Intel Drops 3%, NVIDIA and AMD Slip
Cadence Subsystem for PCIe 6.0 Architecture Achieves First-Pass PCI Express Specification Compliance
Can Cadence's Cash Generation Support Both Growth and Share Buybacks?
The Big 3: CDNS, NET, WMT
Cadence Design Systems, Inc. (CDNS) Presents at Deutsche Bank 2026 Technology Conference Transcript
Cadence Design Systems Sees AI Agents Driving Chip Design Boom and Growth
Why Is Cadence (CDNS) Down 3.7% Since Last Earnings Report?
Cadence Design Systems SVP Chin-Chi Teng Sells 4,732 Shares for $1.5 Million
Can Cadence Sustain Growth With Accelerating Agentic AI Demand?
CDNS DCF Analysis: Intrinsic Value $250 vs Price $316
Semiconductor Stocks Slide Ahead of NVIDIA Earnings: Intel Falls 5%, AMD Slides 4%, Taiwan Semiconductor Slips 3%
Bank of New York Mellon Corp Makes New Investment in Cadence Design Systems, Inc. $CDNS
Advisors Capital Management LLC Invests $924,000 in Cadence Design Systems, Inc. $CDNS
Allworth Financial LP Acquires Shares of 8,588 Cadence Design Systems, Inc. $CDNS
Algebris UK Ltd. Purchases New Position in Cadence Design Systems, Inc. $CDNS
Cadence to Present at Deutsche Bank Technology Conference