Cadence Design Systems
San Jose, California, United States
How Cadence Design Systems hit $2.7B revenue with a 7.8K person team in 2020.
Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, the firm's tools have been relied on by semiconductor firms, but there has been a shift toward other nontraditional systems users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 7,600 employees worldwide, and was added to the S&P 500 in late 2017. The company seeks to strengthen and expand its core business through acquisitions.
1988
Founded
$2.7B
2020 Revenue
14.85%
YOY
$0
Funding
Cadence Design Systems Revenue
In 2020, Cadence Design Systems revenue run rate hit $2.7B in revenue.
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2020
Cadence Design Systems hit $2.7B in revenue in 2020
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2019
Cadence Design Systems hit $2.3B in revenue in 2019
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1988
Cadence Design Systems launched in 1988 with $0 revenue
Cadence Design Systems Funding History
No funding has been reported for Cadence Design Systems yet.
Team
Cadence Design Systems has 7,780 total employees.
DISTRIBUTION | QTY |
---|---|
Total team size | 7.8K |
Founder / CEO
Lip-Bu Tan
Q&A
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Customers
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Cadence Design Systems Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Lip-Bu Tan | CEO | - | - |
Cadence Design Systems Employees
Name | Position | Working Email | Personal Email |
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Lip-Bu Tan | CEO | - | - |
Frequently Asked Questions about Cadence Design Systems
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When was Cadence Design Systems founded?
Cadence Design Systems was founded in 1988.
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How much revenue does Cadence Design Systems generate?
Cadence Design Systems generates $2.7B in revenue.
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Who is the CEO of Cadence Design Systems
The CEO of Cadence Design Systems is Lip-Bu Tan.
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How much funding does Cadence Design Systems have?
Cadence Design Systems raised $0.
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How many employees does Cadence Design Systems have?
Cadence Design Systems has 7.8K employees.
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Where is Cadence Design Systems headquarters?
Cadence Design Systems is headquartered at San Jose, California, United States