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    Cadence Design Systems Inc. (CDNS)

    20.98 Up 2.01(10.60%) 12:28PM EDT - Nasdaq Real Time Price
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    Cadence Design Systems Inc.
    2655 Seely Avenue
    Building 5
    San Jose, CA 95134
    United States - Map
    Phone: 408-943-1234
    Fax: 408-428-5001
    Website: http://www.cadence.com

    Index Membership:N/A
    Industry:Application Software
    Full Time Employees:6,100

    Business Summary 

    Cadence Design Systems, Inc. develops, sells, leases, and licenses electronic design automation (EDA) software, emulation and prototyping hardware, verification intellectual property (VIP), and design intellectual property (design IP) for semiconductor and electronics systems industries worldwide. It offers functional verification products, including logic verification software that enables customers to coordinate verification activities across multiple teams and various specialists for verification planning and closure; and system design and verification products for hardware-software verification, as well as for system power exploration, analysis, and optimization. The company also provides digital integrated circuits (ICs) design products, such as logic design products for chip planning, design, verification, and test technologies and services; physical implementation products for use in place and route, signal integrity, optimization, and double 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 SoCs; 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 engineering, 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.

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    Corporate Governance 
    Cadence Design Systems Inc.’s ISS Governance QuickScore as of Jul 1, 2015 is 1. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 2; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Dr. John B. Shoven Ph.D., 67
    Chairman, Member of The Interim Office of The Chief Exec., Chairman of Compensation Committee, Member of Audit Committee, Member of Corp. Governance & Nominating Committee and Member of Fin. Committee
    Mr. Lip-Bu Tan , 58
    Chief Exec. Officer, Pres, Director and Member of Strategy Committee
    Mr. Geoffrey G. Ribar , 56
    Chief Financial Officer and Sr. VP
    Mr. Xiaoli Huang Ph.D., 51
    Exec. VP and Gen. Mang. of System & Verification Group & Worldwide Field Operations
    Mr. Thomas P. Beckley , 57
    Sr. VP and Gen. Mang. of Custom IC & PCB Group
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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