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 Innovus 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 Tensilica, 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 OrCAD X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AWR 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 multiphysics platforms; Allegro system design platform; and molecular modeling and simulation solutions and services.
The company has a strategic collaboration with NVIDIA for the development of engineering solutions tailored for agentic AI chip and system design.
The company was incorporated in 1987 and is headquartered in San Jose, California.
| Country | United States |
| Founded | 1988 |
| IPO Date | Jun 10, 1987 |
| Industry | Software - Application |
| Sector | Technology |
| Employees | 13,800 |
| CEO | Anirudh Devgan |
Contact Details
Address: Building 5, 2655 Seely Avenue San Jose, California 95134 United States | |
| Phone | 408 943 1234 |
| Website | cadence.com |
Stock Details
| Ticker Symbol | CDNS |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000813672 |
| CUSIP Number | 127387108 |
| ISIN Number | US1273871087 |
| Employer ID | 77-0148231 |
| SIC Code | 7372 |
Key Executives
| Name | Position |
|---|---|
| Dr. Anirudh Devgan Ph.D. | Chief Executive Officer, President and Director |
| John M. Wall | Senior 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 Scannell | Senior Vice President of Customer Success Team |
| Ariel Sella | Co-Founder |
| Tarak Ray | Chief Information Officer and Senior Vice President |
| Richard Gu | Vice President of Investor Relations |
| Marc Taxay J.D. | Senior Vice President, General Counsel and Corporate Secretary |
| Yoon Kim | Corporate Vice President of Global Human Resources |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 16, 2026 | 144 | Filing |
| Apr 1, 2026 | 144 | Filing |
| Mar 26, 2026 | SCHEDULE 13G/A | Filing |
| Mar 25, 2026 | ARS | Filing |
| Mar 25, 2026 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Mar 25, 2026 | DEF 14A | Other definitive proxy statements |
| Mar 17, 2026 | 144 | Filing |
| Mar 2, 2026 | 144 | Filing |
| Feb 27, 2026 | S-3ASR | Automatic shelf registration statement of securities of well-known seasoned issuers |
| Feb 23, 2026 | 8-K | Current Report |