Cadence Design Systems

Cadence Design Systems, Inc., established in 1988, is a globally recognized American electronic design automation (EDA) company with a profound impact on the semiconductor and electronic product design industry. Renowned for its innovative EDA tools and solutions, Cadence specializes in software, hardware, and IP that enable engineers and designers to create cutting-edge electronic devices, integrated circuits, and systems (source: Cadence Products). The company's commitment to technological advancement is evident in its continuous research and development efforts, resulting in advanced design methodologies and tools that drive the advancement of electronics (source: Cadence Innovation). Cadence also actively supports sustainability and corporate responsibility, striving to reduce its environmental impact and support charitable initiatives in the communities in which it operates (source: Cadence Sustainability). With a global presence, a legacy of excellence in EDA, and a focus on technological innovation and sustainability, Cadence Design Systems, Inc. continues to shape the future of semiconductor and electronic product design, empowering companies to deliver the next generation of electronic devices and systems.

According to the GICS (Global Industry Classification Standard) version of March 2023, Cadence Design Systems’s industry classification falls within the following categories:

• Sector: Information Technology
• Industry group: Software & Services
• Industry: Software
• Sub-Industry: Systems Software