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Cadence Design Systems, Inc.
Cadence Design Systems, Inc. develops computational, AI-driven software, hardware, and silicon intellectual property products and solutions. The company offers functional verification services, such as Jasper, a formal verification platform; Xcelium, a parallel logic simulation platform; Verisium, a generative AI solution; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification, as well as digital IC design and sign off products, including In novus platform; and custom IC design and simulation product include Virtuoso, a platform to design and verify analog. It also provides Xcelium logic simulator and other front-end verification and virtual prototyping technologies; controllers and physical interfaces; PCI Express, universal accelerator and compute express links, and multiple memory interfaces; and Ten Silica, a digital signal processor. In addition, the company’s design IP portfolio includes serializer/deserializer, peripheral component interconnect, USB, and other standard protocols; and Secure-IC, a solution for embedded security IP. Additionally, it provides System Design and Analysis (SD&A) platform, a solution that enables end-to-end system-level design and verification across chips, packages, PCBs, and electronic systems; Allegro X and Orca X platforms for PCB and advanced packaging; Sigrity X for signal and power integrity; AIR for RF design; Fidelity for computational fluid dynamics; Celsius for thermal and airflow analysis; Clarity 3D solver for electromagnetic and power electronics analysis and simulation; Integrity 3D-IC solution for 3D-IC and multi-chiplet designs; the Optimality Intelligent System Explorer, Reality digital twin, and Millennium enterprise multiphasic platforms; Allegro system design platform; and molecular modeling and simulation solutions and services. The company has a strategic collaboration with NVIDIA. The company was incorporated in 1987 and is headquartered in San Jose, California.
Market Cap
$93.3B
Volume
2.0M
Cash and Equivalents
$1.4B
EBITDA
$2.0B
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
$4.8B
Profit Margin
86.08%
52 Week High
$376.44
52 Week Low
$262.75
Dividend
N/A
Price / Book Value
14.21
Price / Earnings
N/A
Price / Tangible Book Value
-309.44
Enterprise Value
N/A
Enterprise Value / EBITDA
N/A
Operating Income
$1.8B
Return on Equity
20.66%
Return on Assets
10.39
Cash and Short Term Investments
$1.5B
Debt
$3.1B
Equity
$6.6B
Revenue
$5.5B
Unlevered FCF
$1.6B
Sector
Software
Category
N/A