NASDAQ : CDNS

Cadence Design Systems, Inc. — Company profile

Technology · Software - Application · United States

Last price 324.86 USD (Oct 30, 2026, 3:05 PM EDT) · Market cap 89.13B

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Company profile

Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including Innovus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Tensilica, a digital signal processor. In addition, the company’s design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.

Details

NameCadence Design Systems, Inc.
SectorTechnology
IndustrySoftware - Application
Employees13800
Founded1988
Ipo Date1987-06-10
CeoAnirudh Devgan
CountryUnited States
ExchangeNASDAQ
Fiscal YearJanuary - December
Reporting CurrencyUSD
IsinUS1273871087
Cusip127387108
Cik0000813672
Sic7372
Stock TypeCommon Stock

Key executives

NameTitle
Dr. Anirudh Devgan Ph.D.Chief Executive Officer, President and Director
John M. WallSenior Vice President and Chief Financial Officer
Dr. Chin-Chi Teng Ph.D.Senior Vice President and GM of the Digital and Signoff Group
Dr. Paul Cunningham Ph.D.Senior Vice President and GM of the System Verification Group
Paul ScannellSenior Vice President of Global Customer Success Team
Tarak RayChief Information Officer and Senior Vice President
Richard GuVice President of Investor Relations
Marc Taxay J.D.Senior Vice President, General Counsel and Corporate Secretary
Yoon KimCorporate Vice President of Global Human Resources
Nimish H. ModiSenior Vice President and GM of Strategy and New Ventures

Contact

AddressBuilding 5, 2655 Seely Avenue, San Jose, California 95134, United States
Phone408 943 1234
Websitehttps://www.cadence.com