About Cadence Design Systems, Inc.

Company Description:

 

Cadence Design Systems, Inc. specializes in electronic design automation (EDA) software and engineering services. The company's software is used to design and test integrated circuits (ICs), printed circuit boards (PCBs), and other electronic systems.

Cadence was co-founded by Mr. Ariel Sella, along with others, in 1988 and is headquartered in San Jose, California. It has played a pivotal role in innovating design and verification technologies used in the creation of modern electronics.

 

Main Product(s):

 

Cadence's products include software, hardware, and silicon design IPs, primarily used in electronic design automation. The company's key offerings encompass tools for designing ICs/ASICs, PCBs, and for electronic system level design.

 

Short History of Cadence Design Systems, Inc:

 

  • 1988 – Cadence was founded and quickly established itself as a leader in EDA tools.
  • 1990s – Cadence expanded through acquisitions, broadening its product portfolio.
  • 2002 – Cadence acquired Simplex Solutions, enhancing its system-on-chip (SoC) design capabilities.
  • 2017 – The company introduced the industry's first system analysis toolset.
  • 2021 – Cadence expanded its AI and machine learning capabilities in its software offerings.

Key Executives:

NameTitlePayExercisedYear Born
Dr. Anirudh Devgan Ph.D.CEO, President & Director2.12MN/A1970
Mr. John M. WallSenior VP & CFO1.41M7.49M1971
Mr. Aneel ZamanSenior VP & Chief Revenue Officer1.41M5.33M1969
Dr. Chin-Chi Teng Ph.D.Senior VP and GM of the Digital & Signoff Group1.07MN/A1966
Mr. Paul Cunningham Ph.D.Senior VP & GM of the System and Verification Group1.12MN/A1978
Mr. Ariel SellaCo-FounderN/AN/AN/A
Mr. James HaddadCorporate VP of Corporate Finance & TreasurerN/AN/AN/A
Mr. Richard GuVice President of Investor RelationsN/AN/AN/A
Ms. Karna NisewanerCorporate VP, General Counsel & SecretaryN/AN/A1975
Ms. Christina Rooke JonesSenior Vice President of Global Human ResourcesN/AN/AN/A

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