Cadence Design Systems Overview

  • Founded
  • 1988
Founded
  • Status
  • Public
  • Employees
  • 8,100
Employees
  • Stock Symbol
  • CDNS
Stock Symbol
  • Investments
  • 53
  • Share Price
  • $134.64
  • (As of Friday Closing)

Cadence Design Systems General Information

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.

Contact Information

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

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$134.64 $135.40 $51.39 - $138.54 $37.6B 279M 1.53M $3.93

Cadence Design Systems Financials Summary

In Thousands,
USD
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 29,235,012 19,243,053 12,062,616 11,770,022
Revenue 2,522,537 2,336,319 2,138,022 1,943,032
EBITDA 699,322 611,639 510,180 452,355
Net Income 1,076,581 988,979 345,777 204,101
Total Assets 4,140,152 3,357,225 2,468,654 2,418,714
Total Debt 696,584 430,801 445,291 729,369
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 was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic d
Electronic Equipment and Instruments
San Jose, CA
8,100 As of 2019
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Cadence Design Systems Competitors (18)

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 0000 000.00
0000000000 Formerly VC-backed Concord, MA 00.00 000000000000
000 Private Equity-Backed Cambridge, United Kingdom 0000 000000&0
00000 00000000 000 Corporate Backed or Acquired Munich, Germany 00 000000&0
You’re viewing 5 of 18 competitors. Get the full list »

Cadence Design Systems Executive Team (56)

Name Title Board Seat Contact Info
Anirudh Devgan Ph.D President
John Wall Chief Financial Officer, Finance & Senior Vice President
Babu Mandava Senior Vice President & General Manager_IP Group
Paul Cunningham Ph.D Corporate Vice President & General Manager
Daryn Lau Vice President & General Manager Hardware System Verification Business
You’re viewing 5 of 56 executive team members. Get the full list »

Cadence Design Systems Board Members (13)

Name Representing Role Since
0000000 00000000000-00000000000 00.0 Self Board Member 000 0000
000 0000000 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
00000 0000 Self Board Member 000 0000
You’re viewing 5 of 13 board members. Get the full list »

Cadence Design Systems Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 (53)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000000 00000000 12-Aug-2020 000000000000000000 Business/Productivity Software
000000000 00000000 06-Feb-2020 000000000000000000 Electrical Equipment 000-00 000
00 000 00000000 15-Jan-2020 000000000000000000 00000 Multimedia and Design Software
00000 00000 000000 19-Feb-2019 000000000 00000 Automation/Workflow Software
nusemi 01-Nov-2017 Merger/Acquisition Software Development Applications 0000 0000000
You’re viewing 5 of 53 investments and acquisitions. Get the full list »

Cadence Design Systems Subsidiaries (7)

Company Name Industry Location Founded
InspectAR Augmented Interfaces Business/Productivity Software St. John's, Canada 2019
000000 Software Development Applications Mountain View, CA 0000
00000000 000000000 Multimedia and Design Software Ahmedabad, India 0000
0000 00000000 Application Software San Jose, CA 0000
000000000 00000000 Electrical Equipment Berkeley Heights, NJ 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

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
You’re viewing 5 of 8 exits. Get the full list »