Cadence Design Systems Inc

Cadence Design Systems Inc. was founded in 1988 and is headquartered in San Jose, California. The company provides tools, IP, and hardware solutions for the entire electronics design chain, ranging from chip design to chip packaging to boards and systems, powering faster and better designs, shorter verification cycles, effective software and hardware, and new product leadership. Cadence Design Systems’ products include Industry leading EDA (electronic design automation) tools, an IP portfolio which includes predesigned and configurable blocks, automated packaging tools, PCB layout and routing technologies, verification tools and hardware, and more. Cadence products are used in a variety of market segments, including mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and others. The Cadence Design Systems IP portfolio includes Tensilica DSPs for AI, vision, audio, IoT, and baseband applications; Denali memory and storage IP; and controllers for the latest standard interfaces including PCI Express, USB, and Ethernet. As of December 2021, the company operates in 20 countries across the globe and employs approximately 7,600 people. Cadence Design Systems’ shares are publicly listed on NASDAQ under the ticker CDNS. In November 2021, the company revealed that it has earned four Open Innovation Platform® (OIP) Partner of the Year awards from TSMC for its core EDA, IP and systems solutions. Add Cadence Design Systems to your eToro virtual portfolio and keep up-to-date on CDNS price changes.