Cadence Design Systems

Cadence Design Systems, Inc.

Cadence R&D center
Type	Public
Traded as	NASDAQ: CDNS S&P 400 Component
Industry	Software & Programming
Founded	1988
Headquarters	San Jose, California, United States
Key people	Lip-Bu Tan, President/CEO
Revenue	1.816 billion USD (2016)
Net income	$203 million USD (2016)
Number of employees	7094 (Dec 31 2016)
Website	www.cadence.com

Cadence Design Systems, Inc (NASDAQ: CDNS) is an American multinational electronic design automation (EDA) software and engineering services company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces software, hardware and silicon structures for designing integrated circuits, systems on chips (SoCs) and printed circuit boards.

Cadence Design Systems, headquartered in San Jose, California, is a supplier of electronic design technologies and engineering services in the electronic design automation (EDA) industry. The company develops software used to design chips and printed circuit boards, as well as intellectual properties (IP) covering a broad range of areas, including interfaces, memory, analog, SoC peripherals, dataplane processing units, and verification.

Cadence products primarily target SoC design engineers, and are used to move a design into packaged silicon, with products for custom and analog design, digital design, mixed-signal design, verification, and package/PCB design, as well as a broad selection of IP, and also hardware for emulation and FPGA prototyping.

To help integrate, verify, and implement complex digital SoCs, there are solutions that encompass design IP, timing analysis and signoff, services, and tools and methodologies. The company also provides products that assist with the development of complete hardware and software platforms that support end applications.

Cadence Design Systems was the result of a merger perfected in 1988 of Solomon Design Automation (SDA), co-founded in 1983 by Richard Newton, Alberto Sangiovanni-Vincentelli and James Solomon, and ECAD, co-founded by Glen Antle and Paul Huang in 1982. Joseph Costello was appointed as CEO from 1988–1997, and Cadence became the largest EDA company during his tenure.