Cadence Design Systems, Inc.
name
Cadence Design Systems, Inc.
id
CDNS
summary
Cadence Design Systems, Inc. is a multinational technology and computational software company headquartered in San Jose, California. Formed in 1988 through the merger of SDA Systems and ECAD, Cadence specializes in electronic design automation (EDA) software for the semiconductor industry. The company develops software, hardware, and intellectual property for designing integrated circuits, systems on chips, printed circuit boards, and pharmaceutical drugs, among other products. It also licenses intellectual property in various industries, including electronics, aerospace, defense, and automotive. As of 2023, Cadence reported a revenue of US$4.09 billion, operating income of US$1.25 billion, net income of US$1.04 billion, total assets of US$5.67 billion, total equity of US$3.40 billion, and employed 11,200 people.
founded
1983
headquarters
San Jose, California, U.S.
key_people
Anirudh Devgan (President, CEO), Lip-Bu Tan (Executive Chairman)
revenue
US$4.09 billion (2023)
operating_income
US$1.25 billion (2023)
net_income
US$1.04 billion (2023)
total_assets
US$5.67 billion (2023)
total_equity
US$3.40 billion (2023)
number_of_employees
11,200 (2023)
website
www.cadence.com