Cadence Design Systems INC: directors' dealings · United States · SEC (Form 4)

About Cadence Design Systems INC

Cadence Design Systems, Inc. (ticker: CDNS) is a leading provider of electronic design automation software and related hardware platforms, listed on the U.S. NASDAQ market in the United States. Founded in 1988 and headquartered in San Jose, California, Cadence has built a strong global franchise in semiconductor and electronic systems design. The company sits at the center of the chip-design value chain, helping customers architect, simulate, verify and sign off highly complex integrated circuits before they are manufactured. Its business model is increasingly shaped by artificial intelligence, accelerated computing and multiphysics system design. Cadence structures its offering around three main categories: Core EDA, Semiconductor IP, and System Design and Analysis (SD&A). Core EDA includes the tools used to design and verify a broad range of chips, while the IP portfolio provides prebuilt silicon subsystems and related services that accelerate customers’ development cycles. SD&A extends Cadence’s reach beyond chips into board, package and full-system analysis, covering electromagnetic, thermal, structural, fluid and mechanical simulation. The company also offers cloud-based access through its Cadence OnCloud platform, reinforcing the software-centric, recurring nature of the business. From a competitive standpoint, Cadence is one of the key global leaders in EDA, alongside a small number of highly specialized peers. Its differentiation comes from technical depth, broad product coverage and the ability to serve the most demanding design environments. Cadence is particularly well positioned in analog, RF, mixed-signal and custom IC design enablement, areas that remain essential as semiconductor architectures become more advanced and heterogeneous. The company’s tools are used by semiconductor manufacturers and systems companies across hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics applications. Recent developments have reinforced Cadence’s strategic positioning. In 2026, management highlighted strong AI-driven demand and raised full-year revenue expectations after a solid first quarter. Cadence also expanded partnerships with NVIDIA, Google and TSMC to accelerate agentic AI chip and system design workflows, reflecting the company’s push to embed AI more deeply into engineering productivity. In addition, Cadence completed the acquisition of Hexagon’s Design and Engineering business, broadening its System Design and Analysis portfolio and strengthening its multiphysics and system-level capabilities. Overall, CDNS remains a high-quality technology name with a strong competitive moat, exposure to secular growth in semiconductors and electronic systems, and a meaningful footprint in the global design ecosystem.