Cadence Design Systems, Inc., commonly known as Cadence, is a leading global electronic design automation (EDA) company based in the United States. The company was founded in 1988 and is headquartered in San Jose, California. Cadence provides a wide range of products and services for the design and development of electronic systems and integrated circuits.

Its main products include software tools, intellectual property, and hardware architectures that enable the design, verification, and implementation of electronic systems. The company's services include consulting, training, and support to help customers optimize their design processes and improve time-to-market. Operating on a global scale, Cadence has established a strong presence in many countries.

The company has numerous subsidiaries, joint ventures, and partnerships worldwide. Some noteworthy subsidiaries include Cadence Japan, Cadence Korea, Cadence India, and Cadence China. Cadence has also formed strategic partnerships with leading semiconductor companies such as Intel, Samsung, and TSMC to collaborate on technology development and integration.

Cadence holds a prominent market position in the EDA industry. It competes with companies like Synopsys and Mentor Graphics in providing complete solutions for semiconductor design and verification. With a focus on innovation and customer collaboration, Cadence has carved out a significant market share and maintains a strong reputation for its technology leadership.

Throughout its history, Cadence has achieved several milestones and key events that have influenced its growth. In 2013, the company acquired Tensilica, a leading provider of customizable processor cores and software development tools, to expand its intellectual property portfolio. Additionally, Cadence has made strategic acquisitions to enhance its product offerings and strengthen its market position.

As of the latest available information, Cadence continues to maintain its status as a key player in the EDA industry. The company regularly releases updates and enhancements to its product lineup to address the evolving needs of its customers. It remains committed to driving innovation and providing comprehensive solutions to support semiconductor design and development processes worldwide