Cadence Design Systems Inc. Company Profile
NASDAQ: CDNSTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 355.00 -0.31%
Cadence Design Systems at a glance
Cadence Design Systems Inc. (NASDAQ: CDNS) is a Computer Software: Prepackaged Software company in the Technology sector headquartered in San Jose, CA. Cadence Design Systems is led by Dr. Anirudh Devgan Ph.D. and employs about 15,445 people. At a market capitalization of $99.02 billion, it is considered a large-cap company.
CDNS is a member of the SP500, NDX. Its SEC Central Index Key (CIK) is 0000813672, which identifies the company's filings on EDGAR.
Summary generated from market data by MetaCap's automated system. Methodology
What does Cadence Design Systems do?
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 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.
Business description based on the company's public filings.
Company information
- Legal name
- Cadence Design Systems Inc.
- Ticker
- NASDAQ: CDNS
- Sector
- Technology
- Industry
- Computer Software: Prepackaged Software
- CEO
- Dr. Anirudh Devgan Ph.D.
- Employees
- 15,445
- Headquarters
- Building 5, San Jose, CA, United States
- Phone
- 408 943 1234
- Website
- cadence.com
- Market cap
- $99.02B
- SEC CIK
- 0000813672
- Latest annual report
- 10-K · Feb 19, 2026
Index membership
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