Cadence Design Systems

Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: Americas, Asia, Europe, Middle East and Africa, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

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Cadence Design Systems reports record 2022 results and eyes continued growth

Cadence Design Systems (CDNS) delivered strong financial performance in 2022, driven by robust demand in key growth areas and strategic partnerships, positioning the company for continued growth in 2023.
While facing challenges in clarifying revenue guidance, AI integration, and maintaining margins, Cadence's focus on innovation, customer needs, and strategic acquisitions presents opportunities for sustained growth and market leadership.
Analyst inquiries highlighted the need for clear communication on key strategic initiatives, pricing strategies, and technology integration, signaling areas for Cadence to address for enhanced stakeholder understanding and confidence.

Cadence Design Systems reports robust Q1 results and AI-driven growth outlook

Cadence Design Systems delivered strong financial performance in Q1 2023, driven by successful collaborations and growth across key business segments.
While facing challenges in revenue distribution and customer renewals, the company's strategic focus on AI investments and automation positions them well for future growth.
Opportunities lie in leveraging AI for optimization, capitalizing on hardware demand, and driving innovation in system design and analysis, setting the stage for continued success.

Cadence Design Systems reports robust Q2 performance and growth opportunities

Cadence Design Systems (CDNS) delivered strong Q2 results with revenue and EPS growth, driven by AI and hardware performance.
Partnerships with industry leaders and focus on innovation position Cadence for long-term growth in semiconductor and system design.
Challenges include managing operating margins, product development, and production capacity to meet growing demand.
Opportunities lie in leveraging AI capabilities, driving profitable growth, and expanding business across all segments for the future.

Cadence Design Systems (CDNS) exceeds Q3 guidance, focuses on AI-driven growth

Cadence Design Systems (CDNS) delivered robust Q3 results, driven by strong AI-driven design automation and key customer successes.
While facing challenges such as external risks and margin impacts, the company remains focused on innovation and growth opportunities.
With a positive outlook for 2023 and emphasis on AI tools and collaborations, Cadence is well-positioned for continued success and market impact.

Cadence Design Systems (CDNS) posts record 2023 results, eyes AI growth

Cadence Design Systems (CDNS) delivered impressive financial results for Q4 2023 and the full year, driven by robust revenue growth and strategic partnerships. While facing challenges in IP revenue and AI impact realization, the company is poised to capitalize on opportunities in AI tools adoption and R&D investments for future growth.

Cadence Design Systems reports strong Q1 earnings and eyes growth opportunities in high-demand sectors

Cadence Design Systems had a strong Q1, raising financial outlook for 2024 and showcasing leadership in hardware platforms and AI solutions.
While facing challenges like flat China revenue and margin pressures, the company is well-positioned to capitalize on growth opportunities in high-demand sectors.
Partnerships with key industry players and strong demand for hardware platforms drive growth, with expectations for recurring revenue growth above 10%.
Cadence's focus on innovation and market expansion, along with strong customer and partner relationships, positions the company for continued success in the semiconductor and systems industry.

Cadence Design Systems excels in Q2 2024, poised for market disruption

Cadence Design Systems demonstrated strong performance and growth in Q2 2024, driven by strategic partnerships and innovative solutions.
The company's focus on intelligent system design and AI-driven platforms positions it well for future market opportunities.
While facing challenges in a competitive landscape, Cadence has opportunities for expansion and disruption across various sectors.

Cadence Design Systems (CDNS) reports strong Q3 earnings and emphasizes AI-driven growth strategies

Cadence Design Systems (CDNS) showcased robust financial performance in Q3 2024, with a focus on profitability, strategic partnerships, and growth opportunities. Analyst inquiries highlighted areas for potential improvement and scrutiny.

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Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. It operates through the following geographical segments: Americas, Asia, EMEA, and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.

SAN JOSE, Calif. & SANTA FE, N.M.--(BUSINESS WIRE)--Cadence entered into a definitive agreement to acquire OpenEye Scientific, a provider of computational molecular modeling and simulation software.

Cadence Expands into Molecular Simulation with Acquisition of OpenEye Scientific, a Pioneering Leader in Computational Molecular Design

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Cadence's (CDNS) Q2 performance is likely to have benefited from its diversified product portfolio.

Factors to Note Ahead of Cadence (CDNS) Q2 Earnings Release

Cadence Design Systems (CDNS) and Tower Semiconductor (TSEM) collaborate to develop an automotive reference design flow using Cadence's Virtuoso Design Platform and Spectre Simulation Platform.

Cadence (CDNS) & TSEM to Aid Clients to Develop Advanced ICs

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence today announced that it has completed the acquisition of Future Facilities.

Cadence Completes Acquisition of Future Facilities

Tower Semiconductor

SAN JOSE, Calif. & MIGDAL HAEMEK, Israel--(BUSINESS WIRE)--Cadence and Tower Semiconductor today announced a collaboration to advance automotive and mobile IC development.

Tower Semiconductor and Cadence Expand Collaboration to Accelerate Automotive IC Development

The buyout of Future Facilities will aid Cadence (CDNS) enhance the company's Fidelity CFD solution.

Cadence (CDNS) Set to Buy Future Facilities, Terms Undisclosed

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence entered into an agreement to acquire Future Facilities, an electronics cooling analysis and energy performance optimization solutions provider

Cadence to Acquire Future Facilities, A Pioneer in Data Center Digital Twins

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its second quarter 2022 financial results webcast on Monday, July 25, 2022.

Cadence Announces Second Quarter 2022 Financial Results Webcast

Cadence Design Systems (CDNS) unveils electro migration and EM-IR solution - Cadence Voltus - XFi.

Cadence (CDNS) Launches Voltus -XFi to Improve Productivity

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence today announced the Voltus-XFi Custom Power Integrity Solution, an EM-IR solution that enables the development of efficient, low-power ICs.

Cadence Introduces the Voltus-XFi Custom Power Integrity Solution, Delivering over 3X Productivity Gains

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Cadence's long-term revenue will grow at mid single digits driven by highly advanced chip-designing products. The company's main growth driver is its electronic design automation business.

Cadence Design Systems: A Long-Term Revenue Growth Play

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence advances radar, lidar and communications processing for the automotive, consumer and industrial markets with two new Tensilica ConnX DSPs.

Cadence Advances Radar, Lidar and Communications Processing for Automotive, Consumer and Industrial Markets

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Cadence Design Systems (CDNS) collaborates with Arm and Intel Foundry Services to address the ever-growing needs of electronics and semiconductor companies.

Cadence (CDNS) Ties Up With Arm & IFS to Improve SoC Design

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced Xcelium Apps, a portfolio of domain-specific technologies implemented natively on the Cadence® Xcelium™ Logic Simulator kernel that enable automotive, mobile and hyperscale design teams to achieve the highest verification performance. By mixing and matching Xcelium Apps, customers can achieve up to a 10X regression throughput improvement. The Xcelium Apps portfolio includes: Machine Learning: The Xcel

New Cadence Xcelium Apps Accelerate Simulation-Based Verification for Automotive, Mobile and Hyperscale Designs

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence is collaborating with Arm to accelerate mobile device silicon success via Cadence® digital and verification tools and Arm® TCS22.

Cadence Expands Collaboration with Arm to Accelerate Mobile Device Silicon Success

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence joined the Intel Foundry Services Cloud Alliance to enable customers to leverage tools from Cadence and the compute power of the cloud.

Cadence and Intel Foundry Services Collaborate to Accelerate Innovation with Scalable and Proven Cadence Cloud Solutions

Cadence (CDNS) inks an accelerated share repurchase agreement with the Royal Bank of Canada.

Cadence (CDNS) Stock Up on Accelerated Share Repurchase Plan

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SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence has achieved PCI Express® (PCIe®) 5.0 specification compliance for its PHY and controller IP in TSMC advanced technologies.

Cadence Achieves PCIe 5.0 Specification Compliance for PHY and Controller IP in TSMC Advanced Technologies

SAN JOSE, Calif.--(BUSINESS WIRE)---- $CDNS--Cadence entered into an ASR agreement with Royal Bank of Canada to repurchase an aggregate of $100 million of Cadence common stock.

Cadence Announces $100 Million Accelerated Share Repurchase Agreement

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence announced that Cadence® RFIC solutions are enabled to support TSMC's N6RF Design Reference Flow and process design kit (PDK).

News for Cadence Design Systems Stock (CDNS)