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In the second quarter, Cadence posted revenue growth of 9% to $1.06 billion, with adjusted earnings per share of $1.28, up just 1.2%. Despite the relatively muted numbers relative to the past few ...
The world of electronic design automation (EDA) software for integrated circuit (IC) design is dominated by the three vendors Synopsys, Cadence Design Systems and Siemens EDA (Formerly Mentor Graphics, acquired in 2017 by Siemens) which have a revenue respectively of 4,2 billion US$, 3 billion US$ and 1,3 billion US$.
Cadence blew its Q3 earnings estimates out of the water, and management forecast an even better Q4.
Cadence purchased Ambit Design Systems for $260 million, which made tools for system-on-a-chip technology, in 1998, [13] and OrCAD Systems in 1999. [14] After acquiring Quickturn Design in 1999, Cadence was described as a "white knight" for the act by the New York Times , as Quickturn had been subject to a hostile takeover by Cadence's rival ...
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acquired by Cadence Design Systems in Q2 of 2010 ECAD, Inc. merged with SDA Systems in 1987 to create Cadence Forte Design Systems: acquired by Cadence Design Systems [15] in 2014 Cynthesizer; Gateway Design Automation: acquired by Cadence Design Systems in 1989 Verilog HDL; Verilog-XL; IKOS Systems: acquired by Mentor Graphics in 2002 [16]
In the latest trading session, Cadence Design Systems (CDNS) closed at $153.05, marking a -0.44% move from the previous day.
Forte Design Systems, Inc. was a San Jose, CA, based provider of high-level synthesis (HLS) software products, also known as electronic system-level (ESL) synthesis. Forte's main product was Cynthesizer. On February 14, 2014, Forte was acquired by Cadence Design Systems. [1]