About Cadence
Cadence is a company based in San Jose (United States) founded in 1988. The company has 12,700 employees as of December 31, 2024. Cadence has completed 32 acquisitions, including ARCW, AWR and Altos Design Automation. Cadence operates in a competitive market with competitors including Unity, Autodesk, Synopsys, Dassault Systems and Ansys, among others.
- Headquarter San Jose, United States
- Employees 12700 as on 31 Dec, 2024
- Stage Public
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Sectors
Media & EntertainmentIndustrial Goods & Manufacturing Technology
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Phone
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Website
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Social
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- Legal Name Cadence Design Systems, Inc.
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Annual Revenue
$4.64 B (USD)13.48as on Dec 31, 2024
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Net Profit
$1.06 B (USD)1.38as on Dec 31, 2024
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EBITDA
$1.58 B (USD)11.43as on Dec 31, 2024
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Latest Funding Round
$640 K (USD), Post-IPO
Apr 07, 2023
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Investors
European Union
& 2 more
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Employee Count
12700
as on Dec 31, 2024
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Investments & Acquisitions
ARCW
& 31 more
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IPO & Listings of Cadence
Cadence is a publicly listed company on the NASDAQ with ticker symbol CDNS in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Cadence
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Software Development Team
304 people
Leadership Team
65 people
Creative and Marketing Team
61 people
Sales and Marketing
60 people
Product Management Team
42 people
Senior Team
32 people
Finance and Accounting
16 people
Lead Team
16 people
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Funding Insights of Cadence
Investors in Cadence
Cadence has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Alantra and Sequoia Capital.
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Sequoia Capital is engaged in venture capital investments.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Alantra is engaged in providing international financial services.
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Investor details for Cadence
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Cadence
Cadence has strategically engaged in corporate development activities, having acquired 32 companies. Notable acquisitions include ARCW, AWR and Altos Design Automation.
Investment portfolio details for Cadence
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Augmented reality app to interact with circuit boards
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Outsourced Chip Design
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Complete acquisition details for Cadence
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Cadence
Detailed financials for Cadence
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Cadence Comparisons
Peer comparison for Cadence
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Competitors of Cadence
Cadence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Unity, Autodesk, Synopsys, Dassault Systems and Ansys, among others.
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Unity is recognized as a leading real-time development platform.
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Provider of cloud-based 3D CAD modeling software for the AEC industry
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Electronic design automation solutions are provided for semiconductor systems.
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SaaS-driven BIM and 3D modeling solutions are offered for construction.
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CAD-based design analysis simulation software is provided for engineers.
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Detailed competitors of Cadence
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Cadence
Complete news archive for Cadence
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Frequently Asked Questions about Cadence
Cadence was founded in 1988 and raised its 1st funding round 4 years after it was founded.
Cadence is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Anirudh devgan is the current CEO of Cadence.
As of Dec 31, 2024, the latest employee count at Cadence is 12,700.
Annual revenue of Cadence is $4.64B as on Dec 31, 2024.
Cadence was founded in 1988 in San Jose, United States, within the electronic design automation sector. Cloud and AI-enabled software tools for integrated circuit development are developed and supplied. The offerings encompass solutions for full-custom ICs, digital design and signoff processes, power analysis, verification systems, intellectual property creation, IC-PCB co-design, multiphysics simulations, and embedded software integration. Operations focus on supporting semiconductor industry workflows globally.
Cadence's top competitors include Unity, Synopsys and National Instruments Corporation.
Yes, Cadence is publicly traded on NASDAQ under the ticker symbol CDNS.
Cadence has made 32 acquisitions, including ARCW, AWR, and Altos Design Automation.
Cadence has 3 investors. Key investors include European Union, Alantra, and Sequoia Capital.
The ticker symbol of Cadence is CDNS on NASDAQ.