Cadence Design Systems, Inc.
NASDAQ Global SelectCapital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
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
Is the Options Market Predicting a Spike in Cadence Stock?
Cadence Collaborates With TSMC to Deliver Certified Tool Solutions and Industry-Leading, Silicon-Proven UALink IP on TSMC Advanced Processes
Cadence Collaborates With TSMC to Deliver Certified Tool Solutions and Industry-Leading, Silicon-Proven UALink IP on TSMC Advanced Processes
Cadence's New RTL Generation Agent Could Reshape AI-Driven Chip Design
Brokers Suggest Investing in Cadence (CDNS): Read This Before Placing a Bet
Cadence Expands ChipStack AI Super Agent with a New Agent for RTL Generation and Early PPA Optimization
Semiconductor Stocks to Buy and Hold Through 2030
How is Advanced Packaging Strengthening Cadence's Position?
Semiconductor Sell-Off: 1 AI Chip Stock to Buy, 1 to Hold, and 1 to Sell After Broadcom's Beat
Cadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
Cadence Tensilica IP Powers Analog Devices' Next-Generation DSP Architecture
Cadence Design Systems (CDNS) Declines More Than Market: Some Information for Investors
Cadence Design Systems, Inc. (CDNS) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript
Why Cadence Design Systems (CDNS) Dipped More Than Broader Market Today
Wall Street Bulls Look Optimistic About Cadence (CDNS): Should You Buy?
Cadence Design Systems, Inc. $CDNS Shares Acquired by California State Teachers Retirement System
Cadence Design Systems, Inc. $CDNS Shares Sold by Greenland Capital Management LP
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