Overview
Cadence Design Systems provides products for the design and development of integrated circuits and electronic devices, reporting by geography (Americas, Asia, EMEA, Japan).[2] It is headquartered in San Jose, and Forbes records its founding in June 1988.[2] Sales were US$5.5bn, up 19.1%, and profit US$1.2bn.[2] It moved from twentieth to nineteenth. Its market value of US$95.8bn, close to Synopsys’s, is high relative to sales.[2]
Cadence Design Systems strengths and limitations
Strengths
- Sales growth of 19.1%
- Profit margin of 21%
- One of two chip-design software vendors in the list
Limitations
- Smaller than Synopsys
- Semiconductor-cycle exposure
- High valuation
Appears in
Cadence Design Systems peers and competitors
Companies ranked in the same lists as Cadence Design Systems.
Microsoft Power BI- Autodesk
CrowdStrike
Zoom ZoomMate
Gen Digital- Palantir Technologies
Twilio
AppLovin- SS&C Technologies
Fortinet
Dassault Systèmes- Synopsys
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