Cadence Design Systems Inc (CDNS)

Synopsys Inc

The company competes most frequently with this entity in the electronic design automation (EDA) industry. "

Siemens EDA

This entity is a frequent competitor in the EDA industry. "

ANSYS Inc

This company is another frequent competitor in the EDA industry. "

Keysight Technologies Inc

This U.S.-based company is listed among other competitors in the EDA and related industries. "

Schrodinger Inc

This U.S.-based company is mentioned as a competitor in the computational software space. "

CEVA Inc

This U.S.-based company is identified as a competitor in the intellectual property (IP) and EDA sectors. "

Altium Limited

This Australia-based company is mentioned as a competitor in the EDA industry. "

Zuken Ltd.

This Japan-based company is listed as a competitor in the EDA and related industries. "

Huada Empyrean

This emerging competitor from China is mentioned in the context of the EDA industry. "

Xpeedic

This emerging competitor from China is noted in the EDA industry. "

X-EPIC

This emerging competitor from China is identified in the EDA industry. "

Primarius Technologies

This emerging competitor from China is mentioned in the EDA industry. "

Univista

This emerging competitor from China is listed in the EDA industry. "

Giga-DA

This emerging competitor from China is noted in the EDA industry. "

BETA CAE Systems International AG

2024

Cadence acquired BETA CAE for $1.24 billion (60% cash and 40% stock, including the issuance of 1,740,931 shares), enhancing its multiphysics system analysis and structural analysis capabilities as part of its Intelligent System Design strategy; the deal involved a $700 million term loan facility and an escrow arrangement for post-acquisition compensation. " " " " " " " "

Invecas, Inc.

2024

The acquisition of Invecas brought a skilled design engineering and embedded software team to Cadence while involving a total purchase consideration of about $95 million (with cash net of approximately $71.5 million), thereby expanding Cadence’s custom solutions in chip design and product engineering; the purchase consideration was allocated among current assets, goodwill, intangibles, and liabilities. " " "

Intrinsix Corporation

2023

Acquired on October 2, 2023 for approximately $35 million in cash, the deal enhanced Cadence’s system and IC design services by adding expertise in advanced nodes, RF, mixed-signal, and security algorithms, while strengthening its presence in aerospace and defense. "

SerDes and Memory Interface PHY IP Business (from Rambus Inc.)

2023

Completed on September 6, 2023 for $108.6 million in cash, this acquisition strengthened Cadence’s IP technology portfolio by adding critical assets (including HBM3 technology) that support AI, data center, and hyperscale applications as part of its Intelligent System Design strategy. " " " " " "

Pulsic, Ltd.

2023

The May 4, 2023 acquisition of Pulsic for $56.1 million (net of $3.8 million cash acquired) added production-proven technology for floor-planning, placement, and routing of custom ICs, reinforcing Cadence’s Custom IC Design and Simulation portfolio; the deal’s purchase consideration was allocated among current assets, goodwill, and acquired intangibles. " " "

OpenEye Scientific Software

2022

Completed on August 31, 2022 for approximately $500 million (funded through cash on hand and borrowings), the acquisition expanded Cadence’s reach into life sciences by integrating computational molecular modeling technology (including the Orion® platform) used in drug discovery. " " " " "

Future Facilities (FFG Holdings Limited)

2022

Acquired on July 14, 2022 with a total cash consideration of about $110 million (netting approximately $100.1 million after cash adjustments), this deal broadened Cadence’s system design and analysis portfolio by adding electronics cooling and energy performance optimization solutions for data centers. " "