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About Cadence

Cadence is a leading electronic design automation (EDA) and Intelligent System Design company that provides hardware, software, and intellectual property for electronic design. It serves multiple industries including aerospace, automotive, data centers, 5G, hyperscale computing, and life sciences with design tools, IP, and analytics. Headquartered in San Jose, California, Cadence operates globally to enable complex chip, board, and system design through AI-driven and multiphysics capabilities.

Recent News

Former Google DeepMind Scientists Raise $300M for AI Chip Startup

Quadric Rides the Shift From Cloud AI to On-Device Inference — and It’s Paying Off

US Stocks: Trump Adviser Hassett Suggests New York Fed Researchers Be Punished for Tariffs Argument

Norway’s Trener Robotics Closes $32 Million Series A to Turn Industrial Robots Into Adaptive Teammates

Trener Robotics Raises $32M Series A to Bring Physical Intelligence to Industrial Automation

Texas Capital CEO Touts Transformation Amid M&A Chatter

Cadence Completes Acquisition of Hexagon’s Design and Engineering Business

Cognichip Wants AI to Design the Chips that Power AI, and Just Raised $60M to Try

Nvidia’s Jensen Huang Says Markets ‘Got It Wrong’ on AI Threat to Software Companies

Small Yet Mighty: Improve Accuracy In Multimodal Search and Visual Document Retrieval with Llama Nemotron RAG Models

Cognichip Secures $60M Series A to Accelerate AI‑Driven Chip Design

Radiation Hardened Circuit Platform Expands Space Electronics Development

Recent Deals

Kandou AI Secures $225M Funding From SoftBank, Maverick Silicon, Synopsys and Others

March 23, 2026

Cadence Completes €2.7B Acquisition of Hexagon’s Design and Engineering Business

February 23, 2026

Key Team Members

Anirudh Devgan, PhD

President and Chief Executive Officer

Tom Beckley

Senior Vice President of Strategic Technology Programs

Michael Jackson, PhD

Corporate Vice President and General Manager of the System Design and Analysis Group

Paul Cunningham, PhD

Senior Vice President and General Manager, System Verification Group

Key Facts

HQ Location

San Jose, United States

Founded

1988

Employees

over-10K

Status

Investor

Investor Type

Corporate Investor

Website

https://cadence.com