Buy Cadence
Amount
Latest price
$326.695
(£1.00 = $1.365)
Number of shares (est.)
0
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Metrics
Market Cap
$89.233B
P/E ratio
82.76
EPS
$3.949
Beta
0.96
Dividend rate
N/A
Dividend yield
N/A
About
Cadence Design Systems, Inc. is an electronic systems designing company. The Company applies its Intelligent System Design strategy to deliver software, hardware and intellectual property (IP) that turn design concepts into reality. Its product categories include Core Electronic Design Automation (EDA), Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes software, hardware, and services used to design and verify a wide variety of semiconductors. The semiconductor IP portfolio includes silicon subsystems, software, and services that are used in semiconductor design. The SD&A category includes the software and services used to design and verify a wide variety of physical electronic systems. Its semiconductors are used in various industries, including automotive, aerospace, biotech, hyperscale and cloud computing, data centers, telecommunications, medical technology, industrial Internet of things (IIoT), and artificial intelligence (AI).
CEO
Dr. Anirudh Devgan, Ph.D.
Employees
12,700
Sector
Tech
Company HQ
SAN JOSE, United States of America
Website
News
US lifts chip software export ban to China in bid to ease trade tensions
The Trump administration has reversed restrictions on exporting chip design software to China, a move tied to efforts to ease US-China trade tensions following a deal reached in London. American firms Cadence Design Systems Inc (NASDAQ:CDNS) and Synopsys Inc (NASDAQ:SNPS, ETR:SYP), along with Germany's Siemens, confirmed the US Commerce Department had lifted controls introduced in May.
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Financial Conduct Authority Reg Nr: 794952.
Company Registration Number: 10578464.
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