Cadence Design Systems

Cadence Design Systems is a Nasdaq-listed (CDNS) electronic design automation (EDA) company founded in 1988 in San Jose, California. Cadence provides software, hardware, and semiconductor IP used to design and verify integrated circuits, electronic systems, and printed circuit boards, and has expanded beyond core chip design into system analysis and computational life sciences. Its customers span semiconductor, mobile, cloud data center, automotive, aerospace, and industrial IoT markets. In 2026, Cadence emerged as one of the incumbent EDA players racing to build agentic AI into chip design and verification workflows, announcing its ChipStack AI Super Agent alongside a parallel push with NVIDIA on self-verifying agentic EDA systems.

Company Facts

• Headquarters: San Jose, United States
• Founded: 1988
• Employees: 13,800
• Type: public
• Website: https://cadence.com
• Industries: Electronic Design Automation, Semiconductor Software, AI-Driven Engineering Software, Computational Life Sciences

Key People at Cadence Design Systems

• Paul Cunningham — Senior Vice President and General Manager, System Verification Group, Cadence Design Systems
• John M. Wall — Senior Vice President and Chief Financial Officer, Cadence Design Systems
• Anirudh Devgan — President and Chief Executive Officer, Cadence Design Systems