Cadence Design Systems revenue hit $2.7B in 2024

Cadence Design Systems generates revenue from customers

Cadence Design Systems

San Jose, California, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How Cadence Design Systems hit $2.7B revenue with a 7.8K person team in 2020.

Cadence Design Systems was founded in 1988 after the merger of ECAD and SDA Systems. Cadence is known as an electronic design automation, or EDA, firm that specializes in developing software, hardware, and intellectual property that automates the design and verification of integrated circuits or larger chip systems. Historically, the firm's tools have been relied on by semiconductor firms, but there has been a shift toward other nontraditional systems users given the development of the Internet of Things, artificial intelligence, autonomous vehicles, and cloud computing. Cadence is headquartered in Silicon Valley, has approximately 7,600 employees worldwide, and was added to the S&P 500 in late 2017. The company seeks to strengthen and expand its core business through acquisitions.

Founded

1988

Founded

Revenue

$2.7B

2020 Revenue

YOY

14.85%

YOY

Funding

$0

Funding

Cadence Design Systems Revenue

In 2020, Cadence Design Systems revenue run rate hit $2.7B in revenue.

  • 2020

    Cadence Design Systems hit $2.7B in revenue in 2020

  • 2019

    Cadence Design Systems hit $2.3B in revenue in 2019

  • 1988

    Cadence Design Systems launched in 1988 with $0 revenue

Cadence Design Systems Funding History


No funding has been reported for Cadence Design Systems yet.

Team

Cadence Design Systems has 7,780 total employees.

DISTRIBUTION QTY
Total team size 7.8K

Founder / CEO

Lip-Bu Tan

Q&A

  • What's your age?

    -

  • Favorite online tool?

    -

  • Favorite book?

    -

  • Favorite CEO?

    -

  • Advice for 20 year old self

    -

Customers

Churn

Cadence Design Systems Executives

Name Position Working Email Personal Email
Lip-Bu Tan CEO - -

Cadence Design Systems Employees

Name Position Working Email Personal Email
Lip-Bu Tan CEO - -

Frequently Asked Questions about Cadence Design Systems

  • When was Cadence Design Systems founded?

    Cadence Design Systems was founded in 1988.

  • How much revenue does Cadence Design Systems generate?

    Cadence Design Systems generates $2.7B in revenue.

  • Who is the CEO of Cadence Design Systems

    The CEO of Cadence Design Systems is Lip-Bu Tan.

  • How much funding does Cadence Design Systems have?

    Cadence Design Systems raised $0.

  • How many employees does Cadence Design Systems have?

    Cadence Design Systems has 7.8K employees.

  • Where is Cadence Design Systems headquarters?

    Cadence Design Systems is headquartered at San Jose, California, United States

People Also Viewed