Cadence Design Systems

Cadence Design Systems, Inc. (stylized as cādence), is an American multinational technology and computational software company. Headquartered in San Jose, California, Cadence was formed in 1988 through the merger of SDA Systems and ECAD. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries, among others.

Cadence Design Systems, Inc.
Company typePublic
Traded as
  • Nasdaq: CDNS
  • Nasdaq-100 component
  • S&P 500 component
IndustrySoftware
PredecessorsSolomon Design Automation, ECAD
Founded1983 (1983) in San Jose, California as Solomon Design Automation (SDA), renamed Cadence Design Systems in 1988
FoundersJames Solomon, Richard Newton, Alberto Sangiovanni-Vincentelli
HeadquartersSan Jose, California, U.S.
Key people
Anirudh Devgan
(President, CEO)>
Lip-Bu Tan
(Executive Chairman)
Revenue US$4.09 billion (2023)
US$1.25 billion (2023)
Net income
 US$1.04 billion (2023)
Total assets US$5.67 billion (2023)
Total equity US$3.40 billion (2023)
Number of employees
11,200 (2023)
Websitewww.cadence.com
Footnotes / references
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.