CADENCE DESIGN SYSTEMS INC. overview

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the availability of the industry’s first Verification IP (VIP) and System-Level VIP (System VIP) for the Compute Express Link (CXL) 3.0 standard to accelerate the adoption of the new technology. The Cadence VIP for CXL 3.0 is integrated with the Cadence VIP for PCI Express ® (PCIe ® ) 6.0, providing a complete solution from IP to the system-on-chip (SoC) level that helps users create designs for high-performance data center...

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Arm is leveraging Cadence ® Liberate ™ MX Trio Characterization to enhance the quality of its embedded memory instances and compilers and speed time to market. With Liberate MX Trio Characterization, Arm achieved its accuracy and capacity requirements and reduced memory liberty variation format (LVF) characterization validation runtime by 7X when compared with brute-force Monte Carlo simulation. Liberate MX Trio...

Cadence Design Systems, Inc. (Nasdaq: CDNS): WHO: Anirudh Devgan, president and chief executive officer, Cadence Design Systems, Inc. (Nasdaq: CDNS). WHAT: Devgan will participate in a virtual fireside chat at the KeyBanc Technology Leadership Forum on Tuesday, August 9, 2022 in Vail, Colorado. WHEN: The talk will be available live by webcast at 7:45 a.m. MDT on Tuesday, August 9, 2022. The presentation will be archived on the Cadence website and available for replay by 7:00 a.m. PDT on...

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Samsung Foundry has deployed the Cadence ® Spectre ® FX Simulator for FastSPICE-based verification of their large-scale analog and mixed-signal IP on 3nm, 4nm and 5nm processes. Using the Spectre FX simulator, Samsung Foundry has achieved up to 2X productivity gains and improved accuracy while accelerating time to market. The design and verification of Samsung Foundry’s analog and mixed-signal IP can be challenging due to the...

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced results for the second quarter of 2022. Cadence reported second quarter 2022 revenue of $858 million, compared to revenue of $728 million for the same period in 2021. On a GAAP basis, Cadence achieved operating margin of 33 percent and recognized net income of $187 million, or $0.68 per share on a diluted basis, in the second quarter of 2022, compared to operating margin of 25 percent and net income of $156 million, or $0.56 per share...

Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has entered into a definitive agreement to acquire privately held OpenEye Scientific Software, Inc., a leading provider of computational molecular modeling and simulation software being widely and increasingly used by pharmaceutical and biotechnology companies for drug discovery. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220725005392/en/ The addition of...

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that it has completed the acquisition of Future Facilities. The addition of Future Facilities technologies and expertise supports the Cadence ® Intelligent System Design™ strategy and broadens its multiphysics system analysis and computational fluid dynamics (CFD) portfolios. Future Facilities’ electronics cooling analysis and energy performance optimization solutions for data center design and operations using physics-based 3D...

Cadence Design Systems, Inc. (Nasdaq: CDNS) and Tower Semiconductor (Nasdaq/TASE: TSEM), the leading foundry of high-value analog semiconductor solutions, today announced a collaboration to advance automotive and mobile IC development. Through the collaboration, the companies are developing a new, comprehensive automotive reference design flow using the Cadence® Virtuoso® Design Platform and Spectre® Simulation Platform to provide customers with a faster design cycle, maintaining...