Cadence Design Systems Inc.
CDNS | NASDAQ
$327.95
-$14.80 (-4.32%)
At close: Oct 30, 2026, 3:59 PM ET
$330.79
+$2.84 (+0.87%)
Pre-market:
Nov 2, 2026, 7:48 AM ET
Company Profile
Cadence Design Systems, Inc. operates globally, delivering a comprehensive suite of solutions that includes software, specialized hardware, professional services, and pre-designed integrated circuit (IC) building blocks. The company's robust functional verification offerings feature dedicated emulation and prototyping hardware. This portfolio encompasses JasperGold for formal verification, Xcelium for parallel logic simulation, Palladium as an enterprise-grade emulation platform, and Protium, a prototyping platform designed for thorough chip verification. Cadence additionally provides extensive products for digital IC design and final sign-off. These include the Genus logic synthesis solution, Joules for RTL power analysis, and the Modus software solution, which streamlines design-for-test (DFT) processes for systems-on-chip. Their tools further extend to physical implementation, covering place and route, optimization, and multiple patterning preparation, alongside essential sign-off products for validating designs prior to silicon manufacturing. Moreover, the company furnishes custom IC design and simulation tools capable of generating both schematic and physical representations of circuits down to the transistor level. These tools support a wide array of applications, such as analog, mixed-signal, custom digital, memory, and radio frequency (RF) designs. Cadence also offers system design and analysis products crucial for developing printed circuit boards (PCBs) and integrated circuit packages, along with capabilities to analyze complex multi-physics effects like electromagnetic and electro-thermal interactions. Furthermore, Cadence supplies intellectual property (IP) products, consisting of pre-verified, customizable functional blocks ready for integration into customer ICs. This includes verification IP and memory models used to simulate and characterize the behavior and interactions of standard industry system interface protocols. Complementing its product portfolio, Cadence provides a range of services, including methodology consulting, educational programs, hosted design solutions, and ongoing technical support and maintenance. Its diverse clientele spans sectors such as 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile technology, consumer electronics, and hyperscale computing. Established in 1987, Cadence Design Systems, Inc. is headquartered in San Jose, California.
Key Executives
| Name | Position |
|---|---|
| Anirudh Devgan | Chief Executive Officer, President & Director |
| John Wall | Senior Vice President & Chief Financial Officer |
| Tarak Ray | Chief Information Officer & Senior Vice President |
| Ariel Sella | Co-Founder |
| Chin-Chi Teng | Senior Vice President and GM of the Digital & Signoff Group |
| Marc Taxay | Senior Vice President, General Counsel & Corporate Secretary |
| Nimish H. Modi | Senior Vice President & GM of Strategy and New Ventures |
| Paul Cunningham | Senior VP & GM of the System Verification Group |
| Paul Scannell | Senior Vice President of Global Customer Success Team |
| Richard Gu | Vice President of Investor Relations |
| Thomas Beckley | Senior Vice President of Strategic Technology Programs |
| Yoon Kim | Corporate Vice President of Global Human Resources |
Cadence Design Systems Inc.
| Country | United States |
| IPO Date | Jun 10, 1987 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 13,800 |
| CEO | Anirudh Devgan |
Contact Details
Building 5 San Jose,
California 95134 United States
Stock Details
| Ticker Symbol | CDNS |
| Exchange | NASDAQ |
| Fiscal Year | February - January |
| Reporting Currency | USD |
| CIK Code | 0000813672 |
| CUSIP Number | 127387108 |
| ISIN Number | US1273871087 |
| SIC Code | 7372 |
Recent News
- 3 days ago / zacks.comCadence Design Systems, Inc. (CDNS) is Attracting Investor Attention: Here is What You Should Know
- 5 days ago / zacks.comCadence Q3 Earnings Beat Estimates on AI Demand, Outlook Raised
- 6 days ago / zacks.comCadence Q3 Earnings Call Highlights AI Expansion and Higher Outlook
- 6 days ago / benzinga.comCadence Design Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
- 6 days ago / fool.comCadence Design Systems: 3 Key Takeaways for Long-Term Investors
- 6 days ago / gurufocus.comCadence Design Systems Inc (CDNS) Q3 2026 Earnings Call Highlights: Record $8.2 Billion Backlog and 22% Revenue Growth Drive Raised Full-Year Outlook
- 6 days ago / seekingalpha.comCadence Design Systems, Inc. (CDNS) Q3 2026 Earnings Call Transcript
- 6 days ago / marketbeat.comWhat Cadence Design Systems (CDNS) Said on Its Q3 Earnings Call
- 6 days ago / zacks.comCadence Design Systems (CDNS) Tops Q3 Earnings and Revenue Estimates
- 6 days ago / gurufocus.comCadence Stocks Gain 4% as Maestro Brings AI Models In-House
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