Cadence Design Systems

Cadence Design Systems

Provides EDA software and IP solutions

About Cadence Design Systems

Simplify's Rating
Why Cadence Design Systems is rated
A+
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Automotive & Transportation

Hardware

AI & Machine Learning

Company Size

10,001+

Company Stage

IPO

Headquarters

San Jose, California

Founded

1988

Overview

Cadence Design Systems provides software, hardware, and intellectual property for the electronic design automation (EDA) industry, focusing on the design of semiconductor chips and electronic systems. Their products include tools for system design, verification, integrated circuit design, and custom and analog design. Additionally, they offer IP solutions like Tensilica processors and digital signal processors (DSPs) that are utilized in various applications, including AI, machine learning, and multimedia processing. Cadence differentiates itself from competitors through its strong emphasis on continuous innovation and collaboration with industry leaders, ensuring they remain at the forefront of the EDA market. The company's goal is to support a wide range of clients, from semiconductor manufacturers to educational institutions, by providing comprehensive solutions that enhance the design and verification processes in electronics.

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for AI-driven design tools boosts Cadence's AI-focused offerings.
  • 5G technology rise increases need for Cadence's high-speed communication design tools.
  • Automotive industry's shift to electric vehicles aligns with Cadence's automotive semiconductor focus.

What critics are saying

  • Increased competition from Silvaco may impact Cadence's market share in certain segments.
  • Cardiff design center may face challenges from local talent shortages or operational costs.
  • Investment pressures may affect Cadence's long-term strategic initiatives and innovation.

What makes Cadence Design Systems unique

  • Cadence's Intelligent System Design strategy integrates software, hardware, and IP for comprehensive solutions.
  • The company offers specialized IP solutions like Tensilica processors for AI and DSP applications.
  • Cadence's Conformal AI Studio enhances SoC designer productivity by 10X, addressing design complexity.

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Funding

Total Funding

$2506.1M

Above

Industry Average

Funded Over

3 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Life Insurance

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Company News

King Helm
Mar 24th, 2025
Microchip Technology is set to sell its wafer fabrication facility located in Tempe, Arizona, USA

Cadence Design Systems has invested £2.5 million to establish a semiconductor design center in Cardiff, Wales, UK.

MarketBeat
Mar 20th, 2025
Sovereign Investment Advisors LLC Invests $593,000 in Cadence Design Systems, Inc. (NASDAQ:CDNS)

Sovereign Investment Advisors LLC invests $593,000 in Cadence Design Systems, Inc. (NASDAQ:CDNS).

AVXHome
Mar 16th, 2025
Cadence Allegro and OrCAD 2022.1 HF010 (22.10.010)

In July of 1999, OrCAD and its product line were acquired by Cadence Design Systems.

Cadence
Mar 13th, 2025
Conformal AI Studio Improves SoC Designer Productivity by 10X

To address the impact of growing SoC design complexity on formal equivalence checking, Cadence has launched Conformal AI Studio - a new suite of logic equivalence checking (LEC), automated functional engineering change orders (ECOs), and low-power static signoff products.

TrendForce
Mar 13th, 2025
[News] Intel Taps Veteran Lip-Bu Tan as CEO, with Chip Design and Foundry Units Less Likely to Split

After a venture investing career, Tan joined Cadence's board in 2004, became co-CEO in 2008, and took over fully in 2009.

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