Cadence Design Systems, Inc.

Cadence Design Systems develops computational, AI-driven software, hardware, and silicon intellectual property (IP) products and solutions. The company offers functional verification services including Jasper, a formal verification platform, and Xcelium, a parallel logic simulation platform. Its portfolio also includes Verisium, a generative AI solution, Palladium for enterprise emulation, and Protium for prototyping chip verification. For digital IC design, Cadence provides the Innovus platform, and for custom IC design, the Virtuoso platform. Additionally, it offers controllers and physical interfaces such as PCI Express, universal accelerator and compute express links, and multiple memory interfaces, as well as TenSilica digital signal processors. The design IP portfolio includes serializer/deserializer, USB, and standard protocols, along with Secure-IC for embedded security IP. The System Design and Analysis (SD&A) platform enables end-to-end system-level design across chips, packages, PCBs, and electronic systems.

Cadence Design Systems is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol CDNS. The company trades in US dollars (USD), which is its reporting currency. As a US-based company, its stock is traded on a major US exchange, providing liquidity and accessibility to investors worldwide.

Cadence Design Systems operates in the Technology sector, specifically within the Software - Application industry. This classification reflects the company's focus on developing software applications for electronic design automation (EDA), including simulation, verification, and design tools for integrated circuits and electronic systems. The company's AI-driven and computational software solutions are used by semiconductor and electronics companies to design and verify complex chips and systems.

Cadence Design Systems offers a comprehensive portfolio of products and solutions for electronic design. Key products include the Innovus platform for digital IC design and signoff, and the Virtuoso platform for custom IC design and simulation. For verification, Cadence provides Xcelium logic simulator, Jasper formal verification, Palladium emulation, and Protium prototyping platforms. The company also offers the Verisium generative AI solution for verification. In the IP space, Cadence provides controllers and physical interfaces for PCI Express, CXL, and memory interfaces, as well as TenSilica DSPs. Its design IP includes serializer/deserializer, USB, and standard protocols, plus Secure-IC for embedded security. The System Design and Analysis platform includes Allegro X and OrCAD X for PCB design, Sigrity X for signal integrity, AIR for RF design, Fidelity for computational fluid dynamics, Celsius for thermal analysis, and Clarity 3D solver for electromagnetic analysis.

Cadence Design Systems generates revenue primarily through the licensing of its software, hardware, and silicon IP products, as well as providing related services. The company's solutions are used by semiconductor and electronics companies to design, verify, and analyze integrated circuits and electronic systems. Cadence's AI-driven and computational tools help customers reduce design cycles and improve product quality. The company also offers functional verification services and system-level design platforms that span chips, packages, PCBs, and full electronic systems. By providing a broad portfolio from digital and custom IC design to system analysis and IP, Cadence captures value across the entire electronic design chain.