Cadence Design Systems Overview

  • Year Founded
  • 1988

Year Founded

  • Status
  • Public

  • Employees
  • 11,200

Employees

  • Stock Symbol
  • CDNS

Stock Symbol

  • Investments
  • 65

  • Share Price
  • $294.28
  • (As of Friday Closing)

Cadence Design Systems General Information

Description

Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enable system-level analysis and verification solutions. Cadence's comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house semiconductor design. The resulting expansion in EDA customers, alongside secular digitalization of various end markets, benefits EDA vendors like Cadence.

Contact Information

Website
www.cadence.com
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electronic Equipment and Instruments
Other Industries
Multimedia and Design Software
Stock Exchange
NAS
Corporate Office
  • 2655 Seely Avenue
  • San Jose, CA 95134
  • United States
+1 (408) 000-0000

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Cadence Design Systems Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$294.28 $294.69 $217.77 - $327.36 $80.1B 273M 1.46M $3.88

Cadence Design Systems Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 84,481,098 73,788,346 43,837,870 50,978,791
Revenue 4,077,399 4,089,986 3,561,718 2,988,244
EBITDA 1,424,697 1,434,217 1,193,628 913,483
Net Income 1,046,983 1,041,144 848,952 695,955
Total Assets 5,722,130 5,669,491 5,137,071 4,386,299
Total Debt 649,312 764,414 887,415 454,709
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Cadence Design Systems Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Cadence Design Systems Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design
Electronic Equipment and Instruments
San Jose, CA
11,200 As of 2023
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0000000000 000 00000
Sunnyvale, CA
00000 As of 0000
0000
00000000000 0000

000000

scing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. U
0000000000 000000000
Santa Rosa, CA
00000 As of 0000
00.00
000000000 00 00.00
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Cadence Design Systems Competitors (15)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Synopsys Formerly VC-backed Sunnyvale, CA 00000 0000 00000000000 0000
Keysight Technologies Corporation Santa Rosa, CA 00000 00.00 000000000 00 00.00
Solidworks Formerly VC-backed Waltham, MA 00.00 000000000000
Silvaco Corporation Santa Clara, CA 0 00000 00000000 00000
Coventor Formerly VC-backed Fremont, CA 00 000.00 000000&0 000.00
You’re viewing 5 of 15 competitors. Get the full list »

Cadence Design Systems Patents

Cadence Design Systems Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11811362-B1 Voltage controlled oscillator (vco) with adaptive temperature compensation Active 08-Nov-2022 00000000 0
US-11947887-B1 Test-point flop sharing with improved testability in a circuit design Active 27-Sep-2022 0000000000 00
US-11928027-B1 System and method for error checking and correction with metadata storage in a memory controller Active 26-Sep-2022 0000000000 00
US-11892504-B1 Method and system for debugging metastability in digital circuits Active 22-Sep-2022 000000000000 0
US-11960351-B1 System and method for poison information propagation in a storage device Active 29-Aug-2022 G06F11/0772 0
To view Cadence Design Systems’s complete patent history, request access »

Cadence Design Systems Executive Team (62)

Name Title Board Seat Contact Info
Anirudh Devgan Ph.D Chief Executive Officer, President & Board Member
John Wall Chief Financial Officer & Senior Vice President
Chin-Chi Teng Ph.D General Manager & Senior Vice President
Paul Cunningham Ph.D General Manager & Senior Vice President
Thomas Beckley General Manager & Senior Vice President
You’re viewing 5 of 62 executive team members. Get the full list »

Cadence Design Systems Board Members (15)

Name Representing Role Since
0000000 0000000000 Self Board Member 000 0000
0000000 000000 00. Cadence Design Systems Chief Executive Officer, President & Board Member 000 0000
000 0000000 Self Board Member 000 0000
00000 0000000 00.0 Cadence Design Systems Board Member 000 0000
00000 000000 Self Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Cadence Design Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Cadence Design Systems Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Cadence Design Systems Investments & Acquisitions (65)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Beta Simulation Solutions 05-Mar-2024 0000000000 00.000 Software Development Applications 0000000 0
Invecas 08-Jan-2024 0000000000 Application Specific Semiconductors 0000 0000
Intrinsix 02-Oct-2023 0000000000 000.00 Application Specific Semiconductors 0000 0000
Rambus (SerDes and Memory Interface PHY IP Business) 06-Sep-2023 0000000000 00000 Systems and Information Management 0000 0000
Pulsic 04-May-2023 Merger/Acquisition 000.00 Multimedia and Design Software
You’re viewing 5 of 65 investments and acquisitions. Get the full list »

Cadence Design Systems Subsidiaries (10)

Company Name Industry Location Founded
Invecas Application Specific Semiconductors Santa Clara, CA 2014
Future Facilities Database Software London, United Kingdom 0000
CommandCAD Application Specific Semiconductors Santa Rosa, CA 0000
Chip Estimate Media and Information Services (B2B) San Jose, CA 0000
Pulsic Multimedia and Design Software Bristol, United Kingdom 0000
You’re viewing 5 of 10 subsidiaries. Get the full list »

Cadence Design Systems ESG

Risk Overview

Risk Rating

Updated April, 27, 2024

12.01 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

0.00

Percentile

Software & Services

Industry

00 of 1,116

Rank

0.00

Percentile

Enterprise and Infrastructure Software

Subindustry

0. of 451

Rank

0.00

Percentile

To view Cadence Design Systems’s complete esg history, request access »

Cadence Design Systems Exits (9)

Company Name Exit Date Exit Type Exit Size Status Buyers
NemeriX 08-Sep-2005 00000 00000 00 0000 Completed
  • 7 buyers
Morpho Technologies 18-Apr-2005 00000 00000 00 0000 Completed
  • 5 buyers
Hier Design 17-Mar-2003 00000 00000 00 00.00 Completed
  • 5 buyers
Morpho Technologies 21-Oct-2002 00000 00000 00 0000 Completed
  • 4 buyers
Zagros Networks 10-Oct-2002 Early Stage VC 00.00 Completed
  • 3 buyers
You’re viewing 5 of 9 exits. Get the full list »

Cadence Design Systems FAQs

  • When was Cadence Design Systems founded?

    Cadence Design Systems was founded in 1988.

  • Who is the CEO of Cadence Design Systems?

    Anirudh Devgan Ph.D is the CEO of Cadence Design Systems.

  • Where is Cadence Design Systems headquartered?

    Cadence Design Systems is headquartered in San Jose, CA.

  • What is the size of Cadence Design Systems?

    Cadence Design Systems has 11,200 total employees.

  • What industry is Cadence Design Systems in?

    Cadence Design Systems’s primary industry is Electronic Equipment and Instruments.

  • Is Cadence Design Systems a private or public company?

    Cadence Design Systems is a Public company.

  • What is Cadence Design Systems’s stock symbol?

    The ticker symbol for Cadence Design Systems is CDNS.

  • What is the current stock price of Cadence Design Systems?

    As of 24-May-2024 the stock price of Cadence Design Systems is $294.28.

  • What is the current market cap of Cadence Design Systems?

    The current market capitalization of Cadence Design Systems is $80.1B.

  • What is Cadence Design Systems’s current revenue?

    The trailing twelve month revenue for Cadence Design Systems is $4.08B.

  • Who are Cadence Design Systems’s competitors?

    Synopsys, Keysight Technologies, Solidworks, Silvaco, and Coventor are some of the 15 competitors of Cadence Design Systems.

  • What is Cadence Design Systems’s annual earnings per share (EPS)?

    Cadence Design Systems’s EPS for 12 months was $3.88.

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