Cadence Design Systems, Inc. (CDNS)

207.00 +3.00 (+1.47%) At close: 04:00PM EDT

Cadence Design Systems, Inc.

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

Sector(s): Technology
Industry: Software—Application
Full-time employees: 9,300

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lip-Bu Tan	Exec. Chair of the Board	2.17M	71M	1959
Dr. Anirudh Devgan Ph.D.	CEO, Pres & Director	1.74M	13.8M	1970
Mr. John M. Wall	Sr. VP & CFO	1.3M	N/A	1971
Mr. Thomas P. Beckley	Sr. VP and GM of Custom IC & PCB Group	1.07M	5.58M	1958
Mr. Aneel Zaman	Sr. VP & Chief Revenue Officer	1.3M	5.98M	1969
Dr. Chin-Chi Teng Ph.D.	Sr. VP and GM of the Digital & Signoff Group	1.09M	N/A	1966
Mr. Ariel Sella	Co-Founder	N/A	N/A	N/A
Mr. James Haddad	Corp. VP of Corp. Fin. & Treasurer	N/A	N/A	N/A
Mr. Richard Gu	VP of Investor Relations	N/A	N/A	N/A
Ms. Karna Nisewaner	Corp. VP, Gen. Counsel & Sec.	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks 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 logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design and sign off products, including Genus logic synthesis and Joules RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, such as place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for silicon manufacturing. In addition, it offers custom IC design and simulation 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 design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products comprising pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to emulate and model the expected behavior and interaction of standard industry system interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. The company serves 5G communications, aerospace and defense, automotive, industrial and healthcare, mobile, consumer, and hyperscale computing markets. Cadence Design Systems, Inc. was incorporated in 1987 and is headquartered in San Jose, California.

Corporate governance

Cadence Design Systems, Inc.’s ISS governance QualityScore as of 1 February 2023 is 5. The pillar scores are Audit: 4; Board: 8; Shareholder rights: 1; Compensation: 9.

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 10 indicates higher governance risk.