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Cadence Design Systems, Inc. (CDNS)

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36.98-0.20 (-0.54%)
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Cadence Design Systems, Inc.

2655 Seely Avenue
Building 5
San Jose, CA 95134
United States
408-943-1234
http://www.cadence.com

SectorTechnology
IndustryApplication Software
Full Time Employees7,100

Key Executives

NameTitlePayExercisedAge
Mr. Lip-Bu TanPres, CEO & Director1.47M15.2M57
Mr. Geoffrey G. RibarSr. VP & CFO735.46k1.31M58
Mr. Aneel ZamanSr. VP of Worldwide Field Operations772.13k166.12k48
Mr. Anirudh Devgan Ph.D.Exec. VP - R&D and GM of Digital, Signoff Group, System & Verification Group760.85k1.12M47
Mr. James HaddadCorp. VP of Corp. Fin. and TreasurerN/AN/AN/A
Amounts are as of December 31, 2016 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.

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.

Corporate Governance

Cadence Design Systems, Inc.’s ISS Governance QualityScore as of July 1, 2017 is 1. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.