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Cadence Design Systems - CDNS STOCK NEWS

Welcome to our dedicated page for Cadence Design Systems news (Ticker: CDNS), a resource for investors and traders seeking the latest updates and insights on Cadence Design Systems stock.

Cadence Design Systems (symbol: CDNS) is a leading provider of electronic design automation (EDA) software, semiconductor intellectual property (IP), and system design and analysis products. The company empowers engineers with cutting-edge tools for the design and verification of giga-scale, giga-hertz system-on-chips (SoCs) at the latest semiconductor processing nodes.

Cadence’s core offerings include custom/analog tools that aid in designing transistors, standard cells, and IP blocks essential for SoCs. Their digital tools automate the intricate design processes, ensuring high efficiency and accuracy. Additionally, Cadence provides comprehensive IC packaging and printed circuit board (PCB) tools that facilitate the design of complete boards and subsystems.

Expanding its portfolio, Cadence offers design IP and verification IP for a range of components, including memories, interface protocols, analog/mixed-signal parts, and specialized processors. The company also presents integrated hardware/software co-development platforms that support system-level design, making it a one-stop solution for various design needs.

Cadence's technology significantly contributes to building innovative products that connect the world. The convergence of semiconductor companies and system companies moving towards mutual integration is expanding Cadence’s customer base. This shift, along with the ongoing digitalization across industries, places Cadence in a strategic position to benefit from the growing demand for advanced EDA solutions.

Recent achievements and projects highlight Cadence’s commitment to innovation and excellence. Their end-to-end solutions cater to a broad range of industries, ensuring robust performance and high-quality designs. With a focus on sustainability and cutting-edge technology, Cadence continues to lead the market, fostering advancements in electronics design and automation.

For the latest updates and news on Cadence Design Systems, investors and interested parties can visit our StockTitan page dedicated to CDNS, which provides comprehensive and up-to-date information on their stock performance, events, and significant developments.

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Cadence Design Systems (Nasdaq: CDNS) announced that Rockley Photonics has successfully utilized Cadence's advanced system analysis and custom design tools to create a high-performance System-in-Package (SiP) for hyperscale data centers. Utilizing a suite of Cadence tools, including the Clarity 3D Solver and EMX 3D Planar Solver, Rockley achieved first-pass success and accelerated its time to market. This collaboration showcases Cadence's Intelligent System Design strategy aimed at enhancing system innovation for its customers.

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Cadence Design Systems (Nasdaq: CDNS) announced the appointment of Julia Liuson to its board of directors, effective January 4, 2021. Julia, corporate vice president at Microsoft, brings extensive technology and strategic expertise, having led substantial growth in developer tools like Visual Studio. Cadence's chairman, John B. Shoven, emphasized her role in enhancing the company's Intelligent System Design strategy. Liuson is noted for her contributions to diversity in STEM and was inducted into the Women in Technology Hall of Fame in 2019.

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Cadence Design Systems (Nasdaq: CDNS) announces that CFO John Wall will participate in a virtual fireside chat at the Nasdaq 43rd Investor Conference.

This event is scheduled for December 1, 2020, at 9:00 a.m. EST. Investors can access the live webcast and subsequent replay on Cadence's investor relations website until January 1, 2021.

Cadence, a leader in electronic design for over 30 years, serves innovative companies across various sectors, recognized as one of Fortune's 100 Best Companies to Work For for six consecutive years.

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Cadence Design Systems (Nasdaq: CDNS) will have CFO John Wall participate in a virtual fireside chat at the Nasdaq 43rd Investor Conference on December 1, 2020. The presentation is scheduled to start at 9:00 a.m. EST and will be available via webcast. An archived version of the talk will be accessible until January 1, 2021. Cadence continues to lead in electronic design for over 30 years, serving sectors including consumer electronics, automotive, and 5G communications, and has been recognized by Fortune as one of the 100 Best Companies to Work For.

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Cadence Design Systems (Nasdaq: CDNS) CEO Lip-Bu Tan will participate in a virtual fireside chat at the Credit Suisse 24th Annual Technology Conference on December 2, 2020, at 10:10 a.m. EST. The webcast will be available live and can be accessed for replay until January 1, 2021, at 5:00 p.m. PST. Cadence, a leader in electronic design, leverages over 30 years of expertise to provide innovative solutions in various sectors like 5G, automotive, and healthcare. The company's website hosts the live event link and additional information about its Intelligent System Design strategy.

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Cadence Design Systems (NASDAQ:CDNS) announced that John Wall, CFO, and Nimish Modi, SVP of Marketing and Business Development, will participate in a virtual fireside chat at the RBC Capital Markets Global Technology Conference on November 18, 2020. The presentation is scheduled for 3:20 p.m. EST and will be available via live webcast. Following the event, the talk will be archived on the Cadence website for replay until January 1, 2021. Cadence is recognized as a leader in electronic design and has been named one of Fortune's 100 Best Companies to Work For.

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Cadence Design Systems (Nasdaq: CDNS) announced that Vidatronic has successfully utilized the Cadence Spectre X Simulator to enhance electromigration and IR drop reliability analysis on advanced 7nm and 5nm analog IP designs. This resulted in a speed increase of up to 10X and a 3X reduction in memory usage compared to prior versions. The simulator enabled complex simulations, significantly reducing verification time from days to hours, allowing Vidatronic to accelerate its market readiness. This achievement underscores Cadence's commitment to software excellence in electronic design.

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Cadence Design Systems (Nasdaq: CDNS) announced a significant achievement with L&T Technology Services (LTTS), which reduced its design cycle time for mobile camera and memory devices by nearly 40 percent, from eight weeks to five. This improvement was made possible by implementing the Cadence Clarity 3D Solver, which provided enhanced accuracy and speed in analyzing complex signals. The Clarity 3D Solver's integration with Cadence Allegro and Sigrity systems allowed LTTS to perform multiple design iterations quickly, eliminating delays and improving design confidence.

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Cadence Design Systems (Nasdaq: CDNS) announced that its Tensilica ConnX B10 and B20 DSPs are the first in the industry to achieve ASIL B(D) certification for automotive radar, lidar, and V2X applications, complying with ISO 26262:2018 standards. This certification supports the development of automotive systems-on-chip (SoCs) for autonomous and advanced driver assistance systems. With capabilities for various data types and specific accelerations, these DSPs enhance processing performance for complex automotive functions, ensuring compliance and safety.

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Cadence Design Systems (Nasdaq: CDNS) has launched a new R&D Centre of Excellence in Cork, Ireland, aiming to create around 150 engineering jobs over the next three years. This center will focus on advancing customer design in various sectors, including consumer electronics and 5G communications. The move strengthens Cadence's commitment to its Irish operations, complementing its existing Shared Services Centre in Dublin. The initiative is expected to enhance the local tech ecosystem, providing significant employment opportunities and fostering innovation in the region.

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FAQ

What is the current stock price of Cadence Design Systems (CDNS)?

The current stock price of Cadence Design Systems (CDNS) is $304.01 as of November 20, 2024.

What is the market cap of Cadence Design Systems (CDNS)?

The market cap of Cadence Design Systems (CDNS) is approximately 81.8B.

What does Cadence Design Systems do?

Cadence Design Systems provides electronic design automation software, semiconductor IP, and system design and analysis products.

What are the core products offered by Cadence?

Cadence offers custom/analog tools, digital design automation tools, IC packaging and PCB tools, design IP, and verification IP.

How does Cadence benefit semiconductor companies?

Cadence's solutions help semiconductor companies automate and optimize their design processes, enhancing efficiency and accuracy.

What industries use Cadence's products?

Various industries, including semiconductor, consumer electronics, automotive, and more, utilize Cadence's design and verification solutions.

What recent achievements has Cadence accomplished?

Cadence has been recognized for its innovative EDA solutions and has expanded its portfolio to include more advanced design and verification tools.

How does Cadence support system-level design?

Cadence provides integrated hardware/software co-development platforms that aid in system-level analysis and verification.

What makes Cadence's EDA software unique?

Cadence's EDA software offers a full-flow end-to-end solution that enhances design accuracy, productivity, and complexity management.

How can investors stay updated on Cadence's latest news?

Investors can visit the StockTitan page dedicated to Cadence Design Systems for the latest news, updates, and stock performance information.

What is the significance of Cadence's design IP portfolio?

Cadence's design IP portfolio supports a wide range of components, helping companies develop high-quality and robust electronic products.

How does digitalization affect Cadence's business?

The digitalization of various end markets increases the demand for advanced EDA solutions, benefiting vendors like Cadence.

Cadence Design Systems

Nasdaq:CDNS

CDNS Rankings

CDNS Stock Data

81.84B
272.01M
0.81%
91.14%
1.43%
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