Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
358.04
-6.16 (-1.69%)
At close: May 12, 2026, 4:00 PM EDT
357.02
-1.02 (-0.28%)
After-hours: May 12, 2026, 4:55 PM EDT

Company Description

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 In novus 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 Ten Silica, 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.

Cadence Design Systems, Inc.
Cadence Design Systems logo
CountryUnited States
Founded1988
IPO DateJun 10, 1987
IndustrySoftware - Application
SectorTechnology
Employees13,800
CEOAnirudh Devgan

Contact Details

Address:
Building 5, 2655 Seely Avenue
San Jose, California 95134
United States
Phone408 943 1234
Websitecadence.com

Stock Details

Ticker SymbolCDNS
ExchangeNASDAQ
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
CIK Code0000813672
CUSIP Number127387108
ISIN NumberUS1273871087
Employer ID77-0148231
SIC Code7372

Key Executives

NamePosition
Dr. Anirudh Devgan Ph.D.Chief Executive Officer, President and Director
John M. WallSenior Vice President and Chief Financial Officer
Dr. Chin-Chi Teng Ph.D.Senior Vice President and GM of the Digital and Signoff Group
Dr. Paul Cunningham Ph.D.Senior Vice President and GM of the System and Verification Group
Paul ScannellSenior Vice President of Customer Success Team
Ariel SellaCo-Founder
Tarak RayChief Information Officer and Senior Vice President
Richard GuVice President of Investor Relations
Marc Taxay J.D.Senior Vice President, General Counsel and Corporate Secretary
Yoon KimCorporate Vice President of Global Human Resources

Latest SEC Filings

DateTypeTitle
May 12, 20268-KCurrent Report
May 12, 20268-K/A[Amend] Current report
May 5, 2026144Filing
May 1, 2026144Filing
May 1, 202610-QQuarterly Report
May 1, 2026144Filing
Apr 29, 2026SCHEDULE 13GFiling
Apr 27, 20268-KCurrent Report
Apr 16, 2026144Filing
Apr 1, 2026144Filing