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Corporation
SOFTWARE (NON-INTERNET/MOBILE)
cadence.com

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Investments

24

Portfolio Exits

6

Partners & Customers

10

About Cadence Design Systems

Cadence Design Systems (NASDAQ: CDNS), headquartered in San Jose, California and founded in 1983, develops electronic design automation software and hardware which it distributes globally. The company's products and services are used to design and develop integrated circuits (ICs), and electronics systems.

Cadence Design Systems Headquarter Location

2655 Seely Avenue

San Jose, California, 95134,

United States

408-943-1234

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Latest Cadence Design Systems News

Cadence’s X Factor

Nov 22, 2021

Cadence Sigrity X has been honored with the Best EDA Product of the Year award at the inaugural EE Awards Asia. Cadence Design Systems, Inc. is a leading provider of EDA technologies and solutions for semiconductor and systems companies, offering the broadest, most integrated end-to-end solution to help today’s electronic designers do their best work when creating tomorrow’s products for silicon design creation, simulation, implementation and signoff of analog and digital circuits; off-the-shelf design IP; and IC packaging, including machine learning (ML)-enhanced EDA tools and ML-enabled EDA flows. Over the past 30 years, Cadence has grown from being an EDA provider into an Intelligent System Design provider delivering hardware, software, and IP for electronic design. And its transformation continues. “Three years ago, we started on a mission to expand our design and analysis capability beyond chip-package-PCB and into system design and analysis. Our goal is to transform electronic design automation to system design automation,” says Ben Gu, vice president of R&D for multi-physics system analysis at Cadence. “A chip is a complex system, but only in one domain. We want to expand to a much bigger area, from chip, PCB and package, to cars and aerospace.” Breaking Big Designs The never-ending trend towards smaller, faster, low-power, and cheaper electronics products, continues to be among the biggest challenges that designers face. “The common request we’ve received from customers in the past few years is that as PCB and package designs become more complex, the minimum geometry is getting smaller, and you are getting more layers of the package, which naturally puts a lot of stress on the substrate,” says Gu. To address this issue, Cadence released  Sigrity X  earlier this year, which features powerful new simulation engines for system-level analysis and includes the massively distributed architecture of the flagship Cadence Clarity 3D Solver. The new Sigrity X tool suite addresses the size and scalability challenges of system-level simulations faced by today’s leading-edge technologists in 5G communications, automotive, hyperscale computing and aerospace industries. “We talked to a lot of customers when developing this new product. The most frequently raised issue our customers raised is that the designs are getting too big, require too much memory to solve the problem, and simulation is time-consuming because of the size and complexity of the design. It can take days or even weeks,” says Gu. “These are becoming the most pressing challenges to our customers. So, we spent the most time addressing these problems. We used an innovative matrix solver, which we call the massively parallelized matrix solver, borrowed from Clarity, in the new Sigrity X.” Cadence’s massively parallel matrix solver technology is the most innovative element of Sigrity X. It partitions the big design into small pieces so that instead of using a big computer to solve a big design, it can use hundreds of small computer nodes to solve the entire design. “Of course, those nodes talk to each other during simulation so we can ensure that accuracy is still being maintained,” says Gu. “By doing that, we address the capacity and performance.” Usually, simulating a big design needs a 1TB machine, which can take days to solve. By using small computer nodes—sure, you are using more computers—but considering computing resources, it’s not that much greater, and the runtimes become much better, according to Gu. “You save lots of time, and the design cycle is significantly reduced,” he adds. Recognizing Innovation Excellence Cadence Sigrity X  has been honored with the Best EDA Product of the Year award in the inaugural EE Awards Asia program. Delivering up to a 10X performance gain for simulation speed and design capacity,  Sigrity X  provides a new user experience that streamlines setup time for detailed system-level SI/PI analysis by transitioning seamlessly across different analysis workflows. “This is a significant testament from the industry to our innovation,” says Gu. “We are really proud, and we know that a lot of products have been nominated for this award. But becoming a final winner is definitely a big honor, which also means all our customers really love the product since they graciously gave us their votes. We appreciate it, and we are very proud.” Technology Roadmap “With Sigrity X, we have a strong and broad product portfolio. SI/PI, thermal FEA & CFD—these are areas where we plan to continue making enhancements. Now that Sigrity X technology is on the market, our number one priority is to support our customers to transition from Sigrity to Sigrity X. We strongly believe Sigrity X will be of high value to them and will help them improve their productivity,” says Gu. He notes that Cadence plans to continue innovating with Sigrity X. “We are happy to work with our customers to understand their most pressing needs so we can continue to advance the product,” says Gu. Subscribe to Newsletter

Cadence Design Systems Investments

24 Investments

Cadence Design Systems has made 24 investments. Their latest investment was in Tela Innovations as part of their Unattributed VC on February 2, 2011.

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Cadence Design Systems Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/11/2011

Unattributed VC

Tela Innovations

$4.75M

No

1

3/10/2009

Series A

Direct2Silicon

$9M

Yes

Benchmark, DAG Ventures, and Undisclosed Investors

1

12/10/2008

Series C

Tela Innovations

$5.5M

Yes

7/13/2007

Series E - II

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$99M

Subscribe to see more

10

10/31/2005

Corporate Minority

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$99M

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10

Date

2/11/2011

3/10/2009

12/10/2008

7/13/2007

10/31/2005

Round

Unattributed VC

Series A

Series C

Series E - II

Corporate Minority

Company

Tela Innovations

Direct2Silicon

Tela Innovations

Subscribe to see more

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Amount

$4.75M

$9M

$5.5M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Benchmark, DAG Ventures, and Undisclosed Investors

Sources

1

1

10

10

Cadence Design Systems Portfolio Exits

6 Portfolio Exits

Cadence Design Systems has 6 portfolio exits. Their latest portfolio exit was Inphi on November 17, 2010.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/17/2010

IPO

00/00/0000

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10

00/00/0000

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10

00/00/0000

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Subscribe to see more

$991

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10

00/00/0000

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Subscribe to see more

$991

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10

Date

11/17/2010

00/00/0000

00/00/0000

00/00/0000

00/00/0000

Exit

IPO

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Companies

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Valuation

$991

$991

Acquirer

Subscribe to see more

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Sources

10

10

10

10

Cadence Design Systems Acquisitions

27 Acquisitions

Cadence Design Systems acquired 27 companies. Their latest acquisition was Pointwise on April 15, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/15/2021

Loan

$0.68M

Acquired

7

1/20/2021

Acquired

6

8/13/2020

Seed - II

$0.91M

Acquired

2

2/13/2020

Subscribe to see more

$99M

Subscribe to see more

10

12/2/2019

Acquired

Subscribe to see more

$991

$99M

Subscribe to see more

10

Date

4/15/2021

1/20/2021

8/13/2020

2/13/2020

12/2/2019

Investment Stage

Loan

Seed - II

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$991

Total Funding

$0.68M

$0.91M

$99M

$99M

Note

Acquired

Acquired

Acquired

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Subscribe to see more

Sources

7

6

2

10

10

Cadence Design Systems Partners & Customers

10 Partners and customers

Cadence Design Systems has 10 strategic partners and customers. Cadence Design Systems recently partnered with GlobalFoundries on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/15/2021

Partner

GlobalFoundries

United States

1

9/13/2021

Client

Lifepoint Health

United States

5 hospitals, health systems piloting digital transformation programs

Under the partnership , LifePoint Health will deploy Cadence 's remote care management platform for patients with chronic conditions .

1

9/10/2021

Partner

Samsung Electronics

South Korea

Cadence and Samsung Accelerate 3nm Mixed-Signal Silicon

Cadence Design Systems Inc. collaborated with Samsung Electronics to deliver qualified PDK technology files that support a range of Samsung Electronics process technologies from 28FDS to GAA base 3nm .

1

6/24/2021

Partner

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10

6/11/2021

Client

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10

Date

9/15/2021

9/13/2021

9/10/2021

6/24/2021

6/11/2021

Type

Partner

Client

Partner

Partner

Client

Business Partner

GlobalFoundries

Lifepoint Health

Samsung Electronics

Country

United States

United States

South Korea

Subscribe to see more

Subscribe to see more

News Snippet

5 hospitals, health systems piloting digital transformation programs

Under the partnership , LifePoint Health will deploy Cadence 's remote care management platform for patients with chronic conditions .

Cadence and Samsung Accelerate 3nm Mixed-Signal Silicon

Cadence Design Systems Inc. collaborated with Samsung Electronics to deliver qualified PDK technology files that support a range of Samsung Electronics process technologies from 28FDS to GAA base 3nm .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Cadence Design Systems Team

29 Team Members

Cadence Design Systems has 29 team members, including current Chief Executive Officer, Lip-bu Tan.

Name

Work History

Title

Status

Lip-bu Tan

Chief Executive Officer

Current

Lavi Lev

Executive Vice President

Current

Tom Beckley

Senior Vice President

Current

Adrian Ligtenberg

Senior Vice President

Current

Hessam Mohajeri

Senior Director

Current

Name

Lip-bu Tan

Lavi Lev

Tom Beckley

Adrian Ligtenberg

Hessam Mohajeri

Work History

Title

Chief Executive Officer

Executive Vice President

Senior Vice President

Senior Vice President

Senior Director

Status

Current

Current

Current

Current

Current

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