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Cadence Design Systems

Cadence Design Systems
1988 FOUNDED
PUBLIC STATUS
5K-10K EMPLOYEES
CDNS STOCK SYMBOL
50 INVESTMENTS
$65.54 SHARE PRICE (As of Friday Closing)
Description

Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, the firm's tools have been relied on by semiconductor firms, but there has been a shift toward other nontraditional "systems" users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 7,600 employees worldwide, and was added to the S&P 500 in late 2017.

Website
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Electronic Equipment and Instruments
Other Industries
Multimedia and Design Software
Stock Exchange
NAS
Primary Office
  • 2655 Seely Avenue
  • San Jose, CA 95134
  • United States

+1 (408) 000-0000
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Cadence Design Systems Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$39.08 - $77.08 $18.4B $66.15 $1.55 2.02M 280M

Cadence Design Systems Financials Summary

In Thousands,
USD
TTM
30-Jun-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 19,837,643 12,062,616 11,770,022 7,391,393
Revenue 2,259,479 2,138,022 1,943,032 1,816,083
EBITDA 599,963 510,180 452,355 377,494
Net Income 425,533 345,777 204,101 203,086
Total Assets 2,612,325 2,468,654 2,418,714 2,096,908
Total Debt 439,104 445,291 729,369 693,493
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Cadence Design Systems Valuation and Funding

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

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Cadence Design Systems Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Synopsys Corporation Mountain View, CA 00000 0000 000000000000 0000
00000 Formerly PE-Backed Canonsburg, PA 0000 000.00 00000000 000.00
00000 00000000 000 Corporate Backed or Acquired Munich, Germany 00 000000&0
000000 Corporation La Jolla, CA 000 00000000
000000 00000000 Formerly VC-backed Wilsonville, OR 0000 0000 000000&0
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Cadence Design Systems Investments & Acquisitions (50)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 000000 19-Feb-2019 000000000 00000 Operating Systems Software
000000 01-Nov-2017 000000000000000000 Software Development Applications 0000 0000000
000000000 27-Apr-2016 000000000000000000 0000 Application Software 0000000 000000 00.0
00000000 000000000 22-Jan-2016 000000000000000000 Multimedia and Design Software
Jasper Design Automation 16-Jun-2014 Merger/Acquisition 00000 Other Semiconductors 0000000 00000 00.0
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Cadence Design Systems Exits (8)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000 08-Sep-2005 00000 00000 00 0000 Completed
  • 7 buyers
000000 00000000000 18-Apr-2005 00000 00000 00 0000 Completed
  • 5 buyers
0000 000000 17-Mar-2003 00000 00000 00 00.00 Completed
  • 5 buyers
000000 00000000000 21-Oct-2002 00000 00000 00 0000 Completed
  • 4 buyers
Zagros Networks 10-Oct-2002 Early Stage VC 00.00 Completed
  • 3 buyers
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Cadence Design Systems Subsidiaries (7)

Company Name Industry Location Founded
nusemi Software Development Applications Mountain View, CA 2015
000000000 Application Software Ramat-Gan, Israel 0000
00000000 000000000 Multimedia and Design Software Ahmedabad, India 0000
0000 00000000 Application Software San Jose, CA 0000
000000000 Electronic Components Santa Clara, CA 0000
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Cadence Design Systems Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Cadence Design Systems Executive Team (55)

Name Title Board
Seat
Contact
Info
Anirudh Devgan Ph.D President
John Wall Chief Financial Officer & Senior Vice President
Ziv Binyamini Corporate VP & CTO, System and Software Solutions
Babu Mandava Senior Vice President & General Manager_IP Group
Daryn Lau Vice President & General Manager Hardware System Verification Business

23 Former Executives

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Cadence Design Systems Board Members (11)

Name Representing Role Since Contact
Info
0000000 00000000000-00000000000 00.0 Self Board Member 000 0000
00000 0000000 00.0 Cadence Design Systems Board Member 000 0000
0000 000000 00.0 Self Chairman & Board Member 000 0000
000-00 000 Self Chief Executive Officer & Board Member 000 0000
000000 00000000000 Self Board Member 000 0000

2 Former Board Members

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