CDNS - Cadence Design Systems, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Cadence Design Systems, Inc.

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

SectorTechnology
IndustrySoftware - Application
Full Time Employees7,200

Key Executives

NameTitlePayExercisedYear Born
Mr. Lip-Bu TanCEO & Director1.47M15.2M1960
Mr. Anirudh DevganPres760.85k1.12M1970
Mr. John M. WallSr. VP & CFON/AN/A1971
Mr. Aneel ZamanSr. VP of Worldwide Field Operations772.13k166.12k1969
Mr. Surendra Babu MandavaSr. VP of R&D of IP GroupN/AN/A1959
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. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel simulation platform; Palladium Z1, a verification computing platform; and Protium S1 field-programmable gate array prototyping 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 radio frequency designs; and system interconnect design products to develop printed circuit boards and IC packages. Further, the company provides design intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP 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 October 1, 2018 is 4. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 6; Compensation: 6.

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.