
Cadence Design Systems Inc
CDNS · NASDAQ · Technology / Software - Application
Price History
Full chartMarket Stats
About
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.
Company Details
- SectorTechnology
- IndustrySoftware - Application
- CEODr. Anirudh Devgan Ph.D.
- Employees15.45K
- HeadquartersBuilding 5, San Jose, CA, United States, 95134, USA
- Websitehttps://www.cadence.com
Leadership
- Dr. Anirudh Devgan Ph.D.CEO, President & Director · b. 1970
- Mr. John M. WallSenior VP & CFO · b. 1971
- Dr. Chin-Chi Teng Ph.D.Senior VP and GM of the Digital & Signoff Group · b. 1966
- Dr. Paul Cunningham Ph.D.Senior VP & GM of the System Verification Group · b. 1978
- Mr. Paul ScannellSenior Vice President of Global Customer Success Team · b. 1966
- Mr. Tarak RayChief Information Officer & Senior VP
- Mr. Richard GuVice President of Investor Relations
- Mr. Marc Taxay J.D.Senior VP, General Counsel & Corporate Secretary · b. 1969
- Ms. Yoon KimCorporate VP of Global Human Resources
- Mr. Nimish H. ModiSenior VP & GM of Strategy and New Ventures · b. 1963
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy18
- Buy5
- Hold2
Ownership Breakdown
- Institutions
- 91.69%
- Insiders
- 0.33%
- Retail / Other
- 7.98%
Top Institutional Holders
- BlackRock Inc26.66M9.68%
- Vanguard Capital Management, LLC18.02M6.54%
- State Street Corp13.03M4.73%
- FMR Inc9.55M3.47%
- Amvescap Plc.8.98M3.26%
- JPMorgan Chase & Co7.87M2.86%
- Geode Capital Management, LLC7.18M2.61%
- Vanguard Portfolio Management, LLC6.96M2.53%
- Van Eck Associates Corporation4.89M1.78%
- Capital Research & Mgmt Co - Division 34.89M1.77%
- Wellington Management Company LLP4.88M1.77%
- AllianceBernstein L.P.4.76M1.73%
- Jennison Associates LLC4.50M1.64%
- The Goldman Sachs Group Inc4.24M1.54%
- Morgan Stanley - Brokerage Accounts3.59M1.30%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest8.74M3.17%
- Vanguard 500 Index Investor7.23M2.63%
- Invesco QQQ Trust5.75M2.09%
- VanEck Semiconductor ETF4.35M1.58%
- iShares Core S&P 500 ETF3.67M1.33%
Stock Splits
- Nov 17, 19972:1
- Jun 3, 19963:2
- Oct 31, 19953:2