Cadence Design Systems (CDNS) unveiled a new set of applications designed to enhance the capabilities of its flagship Palladium Z2 Enterprise Emulation System.The applications are domain-specific apps that are tailored to help customers navigate the increasing complexity of system design, boosting system-level accuracy and expediting low-power verification for advanced applications like artificial intelligence, machine learning, hyperscale, and mobile technologies.The Cadence applications and updates delive ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced a new portfolio of applications that significantly enhance the capabilities of its flagship Palladium® Z2 Enterprise Emulation System. These domain-specific apps allow customers to manage increasing system design complexity, improving system-level accuracy and accelerating low-power verification for advanced applications, such as artificial intelligence and machine learning (AI/ML), hyperscale and mobile. Today ...

As AI went from short-term hype to an enduring trend, the world became aware of how important electronic design automation (EDA) software is in 2023. EDA is a type of computer-aided design suite specifically for chips and computing systems. To start 2024, industry leader Cadence Design Systems (CDNS 0.64%) is making an acquisition to double down on its most critical EDA-related services: custom silicon design.The company being acquired is a small engineering team called Invecas, which will be added to Caden ...

In the latest trading session, Cadence Design Systems (CDNS) closed at $268.50, marking a +0.64% move from the previous day. This change outpaced the S&P 500's 0.08% gain on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.Prior to today's trading, shares of the maker of hardware and software products for validating chip designs had lost 1.23% over the past month. This has lagged the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52% in that time.Ma ...

Cadence Design Systems (CDNS) closed the latest trading day at $266.79, indicating a +1.34% change from the previous session's end. This change outpaced the S&P 500's 0.07% loss on the day.The maker of hardware and software products for validating chip designs's shares have seen a decrease of 4.81% over the last month, not keeping up with the Computer and Technology sector's gain of 2.5% and the S&P 500's gain of 3.98%.Analysts and investors alike will be keeping a close eye on the performance of Cadence De ...

Cadence Design Systems (CDNS) recently acquired California-based embedded software and system-level solutions provider Invecas, Inc. Financial terms of the deal were not disclosed. Moreover, the company does not expect the acquisition to materially contribute to total revenues and earnings this year.Cadence highlighted that generational trends reinforced by AI advancements are driving a strong design activity. With the slowing down of Moore’s Law there has been rapid development of technologies like advance ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has acquired Invecas, Inc., a leading provider of design engineering, embedded software and system-level solutions, headquartered in Santa Clara, California. The purchase adds a skilled system design engineering team to Cadence, with expertise in providing customers with custom solutions across chip design, product engineering, advanced packaging and embedded software. Accelerating trends such as digita ...

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) will hold its fourth quarter and fiscal year 2023 financial results webcast on Monday, February 12, 2024. Participating in the webcast will be Dr. Anirudh Devgan, president and chief executive officer, and John Wall, senior vice president and chief financial officer. The webcast will begin Monday, February 12, 2024 at 2:00 p.m. Pacific Time. An archive of the webcast will be available online from 5:00 p.m. Pacific Time on Feb ...

The most recent trading session ended with Cadence Design Systems (CDNS) standing at $255.92, reflecting a -0.53% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.34%. At the same time, the Dow added 0.03%, and the tech-heavy Nasdaq lost 0.56%.Shares of the maker of hardware and software products for validating chip designs have depreciated by 0.16% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.27% and the S& ...

Cadence Design Systems, Inc. (NASDAQ:CDNS) Q3 2023 Earnings Conference Call October 23, 2023 5:00 PM ET Company Participants Richard Gu - Vice President of Investor Relations Anirudh Devgan - President and Chief Executive Officer John Wall - Senior Vice President and Chief Financial Officer Conference Call Participants Charles Shi - Needham Gianmarco Conti - Deutsche Bank Harlan Sur - JPMorgan Gary Mobley - Wells Fargo Jay Vleeschhouwer - Griffin Securities Jason Celino - KeyBanc Capital Markets Vivek Arya ...