Cadence Design Sys

NASDAQ:CDNS   3:59PM EDT
67.53
-0.19 (-0.28%)

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Market Cap (Intraday)18.98B
Current PE48.24
Forward PE 32.31
2yr Forward PE 29.75
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Estimates Current Quarter
Revenue$579.33 Million
Adjusted EPS$0.53
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10-Day MA$66.92
50-Day MA$66.34
200-Day MA$52.77
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CADENCE DESIGN SYSTEMS INC Stock, NASDAQ:CDNS

2655 SEELY AVENUE BLDG 5, SAN JOSE, CA 95134
United States of America
Phone: 4089431234
Number of Employees: 7100

Description

Cadence Design Systems, Inc. provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide. It offers functional verification, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Incisive, a functional verification platform; and Palladium, a verification computing platform. The company also provides digital integrated circuit (IC) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation tools, including place and route, signal integrity, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry, as well as design for manufacturing products for use in the product development process. In addition, it offers custom IC design and verification products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and RF designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design IP products consisting of pre-verified and customizable functional blocks to integrate into customer's system-on-chips; and VIP and memory models for use in system-level verification to model correct behavior of full systems interacting with their environments. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company was founded in 1988 and is headquartered in San Jose, California.