Cadence Design Systems

Cadence Design Systems, Inc.
Company typePublic
IndustrySoftware
Predecessors
Founded1983; 41 years ago (1983) in San Jose, California as Solomon Design Automation (SDA), renamed Cadence Design Systems in 1988
Founders
HeadquartersSan Jose, California, U.S.
Key people
Anirudh Devgan (president, CEO)
Lip-Bu Tan (executive chairman)
RevenueIncrease US$4.09 billion (2023)
Increase US$1.25 billion (2023)
Increase US$1.04 billion (2023)
Total assetsIncrease US$5.67 billion (2023)
Total equityIncrease US$3.40 billion (2023)
Number of employees
approx. 11,200 (December 2023)
Websitecadence.com
Footnotes / references
[1]

Cadence Design Systems, Inc. (stylized as cādence)[2] is an American multinational technology and computational software company.[3] Headquartered in San Jose, California,[2] Cadence was formed in 1988 through the merger of SDA Systems and ECAD.[3] Initially specialized in electronic design automation (EDA) software for the semiconductor industry,[4] currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards,[3] and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries, among others.[5]

  1. ^ "Cadence Design Systems, Inc. 2023 Annual Report". U.S. Securities and Exchange Commission. February 14, 2024.
  2. ^ a b Investor's Business Daily CEO Lip-Bu Tan Molds Troubled Cadence Into Long-Term Leader Retrieved November 12, 2020
  3. ^ a b c The Street How Cadence Designs the Future Retrieved July 21, 2020
  4. ^ Cite error: The named reference OriginalRef_NYTStaff1_nytimes.com was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference OriginalRef_VItu_santafenewmexican.com was invoked but never defined (see the help page).