Cadence Design Systems, Inc. (CDNS)
NASDAQ: CDNS · Real-Time Price · USD
325.31
-11.23 (-3.34%)
At close: Apr 28, 2026, 4:00 PM EDT
324.03
-1.28 (-0.39%)
After-hours: Apr 28, 2026, 7:53 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
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 27, 2026 8-K Current Report
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