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Cadence Design Systems
4.0
based on 277 Reviews
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Company Overview
Company Locations
Working at Cadence Design Systems
Company Summary
Cadence is a leading EDA and Intelligent System Design provider delivering hardware, software, and IP for electronic design.
Overall Rating
4.0/5
based on 277 reviews
3% above
industry average
Highly rated for
Company culture, Job security, Work-life balance
Work Policy
Hybrid
67% employees reported
Monday to Friday
90% employees reported
Flexible timing
88% employees reported
No travel
71% employees reported
View detailed work policy
Top Employees Benefits
Cafeteria
29 employees reported
Health insurance
27 employees reported
Office gym
26 employees reported
Job/Soft skill training
25 employees reported
View all benefits
About Cadence Design Systems
Founded in1988 (37 yrs old)
India Employee Count1k-5k
Global Employee Count5k-10k
India HeadquartersNoida, Uttar Pradesh, India
Office Locations
--
Websitecadence.com
Primary Industry
Other Industries
View in video summary
Cadence is a pivotal leader in electronic design, building upon more than 30 years of computational software expertise. The company applies its underlying Intelligent System Design strategy to deliver software, hardware, and IP that turn design concepts into reality. For six years in a row, Fortune Magazine has named Cadence one of the 100 Best Companies to Work For. Cadence customers are the world’s most innovative companies, delivering extraordinary electronic products from chips to boards to systems for the most dynamic market applications including consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial and health. We pride ourselves on creating and sustaining a company culture, that drives innovation and business success. Cadence is recognized as a Great Place to Work around the world, including as one of the Fortune “100 Best Companies to Work For” over the last six years.
Mission: Cadence's mission is to build a better, more connected world through a high-performing, inclusive culture. Cadence's values include:
One Cadence - One Team
Equal opportunity to share ideas
Being heard
Collaborating with different industry experts
Growing in your career
Improving your emotional intelligence
Cadence Design Systems Ratings
based on 277 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
138
4
75
3
31
2
7
1
26
Category Ratings
4.2
Company culture
4.0
Job security
4.0
Work-life balance
3.9
Salary
3.8
Work satisfaction
3.7
Skill development
3.5
Promotions
Cadence Design Systems is rated 4.0 out of 5 stars on AmbitionBox, based on 277 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Cadence Design Systems
based on 258 reviews
3.9
Rated by 64 Women
Rated 4.3 for Salary and 4.1 for Company culture
4.0
Rated by 194 Men
Rated 4.2 for Company culture and 4.0 for Work-life balance
Work Policy at Cadence Design Systems
based on 39 reviews in last 6 months
Hybrid
67%
Work from office
31%
Permanent work from home
2%
Cadence Design Systems Reviews
Top mentions in Cadence Design Systems Reviews
+ 5 more
Compare Cadence Design Systems with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 277 reviews | 3.9/5 based on 358 reviews | 4.0/5 based on 115 reviews | 4.0/5 based on 55 reviews |
Highly Rated for | Company culture Work-life balance Job security | Job security Work-life balance Company culture | Work-life balance Salary Job security | Job security Work-life balance Skill development |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Hybrid 67% employees reported | Hybrid 69% employees reported | Hybrid 61% employees reported | - |
Rating by Women Employees | 3.9 Good rated by 64 women | 3.9 Good rated by 81 women | 3.7 Good rated by 21 women | 3.7 Good rated by 10 women |
Rating by Men Employees | 4.0 Good rated by 194 men | 3.9 Good rated by 254 men | 4.0 Good rated by 87 men | 4.0 Good rated by 30 men |
Job security | 4.0 Good | 4.0 Good | 3.9 Good | 4.5 Good |
View more
Cadence Design Systems Salaries
Cadence Design Systems salaries have received with an average score of 3.9 out of 5 by 277 employees.
Lead Software Engineer
(158 salaries)
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₹18.2 L/yr - ₹45 L/yr
Software Engineer2
(106 salaries)
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₹15 L/yr - ₹27 L/yr
Principal Software Engineer
(93 salaries)
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₹20 L/yr - ₹55 L/yr
Software Engineer
(83 salaries)
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₹6.8 L/yr - ₹25 L/yr
Design Engineer
(71 salaries)
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₹7 L/yr - ₹27 L/yr
Lead Design Engineer
(62 salaries)
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₹18.7 L/yr - ₹40 L/yr
Product Validation Engineer 2
(50 salaries)
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₹13.2 L/yr - ₹27.5 L/yr
Software Engineer II
(47 salaries)
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₹13.8 L/yr - ₹28 L/yr
Design Engineer II
(46 salaries)
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₹12.6 L/yr - ₹26 L/yr
Lead Engineer
(44 salaries)
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₹16 L/yr - ₹45 L/yr
Cadence Design Systems Interview Questions
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Cadence Design Systems Jobs
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Cadence Design Systems News
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Tough assignment for Lip-Bu Tan at Intel
- Lip-Bu Tan, former CEO of Cadence Design Systems, faces a tough task as the new CEO of Intel.
- Intel is facing stiff competition from Nvidia and AMD, and Tan has acknowledged that it won't be easy.
- Deloitte India's Talent Outlook 2025 reveals that companies are focusing on optimizing compensation cost budgets.
- Pay increases for 2025 are forecasted to be 8.8%, with the consumer products sector expecting significantly lower increments.
HinduBusinessLine | 16 Mar, 2025
SNPS: the company behind 95% of chips
- Synopsis is a company that primarily sells software for chip design, providing solutions for EDA, semiconductor IP, and software security.
- They cater to chip designers, offering tools that enable the design, testing, and verification of complex microchips.
- The company also supplies pre-made circuit components to save time and money for companies, similar to using standardized parts in machine construction.
- Their software security tools help developers scan code for vulnerabilities, ensuring secure and reliable applications.
- Synopsis keeps its customer list private to safeguard sensitive projects and maintain a competitive edge.
- The company recently acquired Ansys in a $35 billion stock deal to enhance chip design and system-level simulation capabilities.
- Synopsis faces challenges like economic volatility, intense competition, customer concentration, and the need for constant innovation to maintain market share.
- Historically, Synopsis and Cadence have held around 30–35% market share each in the industry.
- The company's market cap stands at $66 billion, with annual revenue for 2024 reaching $6.127 billion.
- Synopsis's financials show consistent gross margins close to 80%, with stable share counts and a notable revenue growth trend over the years.
- While Synopsis may not directly benefit from government projects like the Stargate foundation, increased chip production could boost demand for their software.
Medium | 15 Mar, 2025
Intel shares jump 15% following new CEO appointment
- Former head of Cadence Design Systems Inc., Lip-Bu Tan, is appointed as the new CEO of Intel, sparking a 15% rise in shares.
- Investors reacted positively to the news, pushing Intel's stock up by 15% to $23.70 in New York, the biggest single-day gain in nearly a month.
- Tan aims to revive Intel's position in the semiconductor industry, facing challenges such as market share losses, debts, and manufacturing setbacks.
- Pat Gelsinger, the previous CEO, was criticized for failing to rejuvenate Intel's product lineup, particularly in AI chips where Nvidia has surged ahead.
- Intel's struggles have allowed competitors like Nvidia and AMD to gain market share, while its product development missteps have further weakened its position.
- Tan's appointment is seen as a positive move for Intel, as he brings a solid track record and a vision to restore the company's reputation in the industry.
- Intel remains a major player in the chipmaking industry, but its profitability has declined, and it faces pressure from competitors and potential suitors.
- Under Tan's leadership, Cadence Design Systems Inc. saw significant growth and stock price appreciation, indicating his ability to drive change and innovation.
- Tan's mission at Intel includes positioning the company as a world-class products manufacturer and establishing itself as a premier chip foundry.
- The future of Intel under Tan's leadership will determine its ability to compete, innovate, and regain its status as a leading player in the semiconductor market.
HinduBusinessLine | 14 Mar, 2025
Intel's new CEO Lip-Bu Tan has a history as a successful underdog
- Lip-Bu Tan, the new CEO of Intel, faces the challenge of turning around the company's operations.
- Despite being little-known to the public, Tan's advantage lies in his industry connections and experience.
- He has a history of turning around smaller companies by using unconventional strategies and backing startups.
- Tan previously served as the CEO of Cadence Design Systems, successfully partnering with the Taiwan Semiconductor Manufacturing Co and securing Apple as a major customer.
Itnews | 14 Mar, 2025
Intel pops 13% as chipmaker taps new CEO, Wall Street backs turnaround effort
- Intel shares jumped over 13% as the struggling chipmaker named Lip-Bu Tan as the new CEO.
- Tan, the former CEO of Cadence Design Systems and Intel supplier, will replace the interim co-CEOs.
- The appointment of Lip-Bu Tan was positively received by Wall Street, with analysts highlighting his industry experience and shareholder value creation.
- Intel's underperformance and struggling business have made it a potential takeover target.
CNBC | 13 Mar, 2025
Intel’s Stock Rises 12% As Company Names New CEO
- Intel's stock rises 12% in premarket trading as the company appoints Lip-Bu Tan as new permanent CEO.
- Tan, former CEO of Cadence Design Systems, replaces interim co-CEOs David Zinsner and MJ Holthaus.
- Intel aims to recover from a tough four-year run under former CEO Pat Gelsinger.
- Intel stock declines 52% in the last 12 months, trading at $20.68 per share.
Baystreet | 13 Mar, 2025
Lip-Bu Tan Takes Charge As Intel's New CEO: All About The Semiconductor Veteran
- Intel Corp. has appointed Lip-Bu Tan as their new chief executive officer, effective from March 18, 2025.
- Bu-Tan takes over the position from David Zinsner and Michellen Johnston Holthaus, the interim co-CEOs of the company, who were appointed after former CEO Pat Gelsinger was forced out of the company's board, according to Bloomberg.
- Tan initially served as executive chairman until 2023 at Cadence Design Systems, a leading semiconductor manufacturing company.
- Intel said in a blog post on their website that Tan is 'an accomplished technology leader with deep semiconductor industry experience'.
Bloomberg Quint | 13 Mar, 2025
Intel finally gets a new CEO: industry veteran Lip-Bu Tan
- Intel has appointed Lip-Bu Tan as its new CEO, ending a lengthy search for a leader after the ouster of previous CEO Pat Gelsinger in December.
- Tan, a veteran in the industry, previously served as the CEO of Cadence Design Systems Inc., a company providing software used by major chip designers like Intel.
- The appointment of Tan comes after Intel faced challenges, including losing market share to competitors and failing to make a significant impact in the AI sector.
- Tan aims to double down on areas where Intel has momentum, take calculated risks to disrupt, and find ways to pick up the pace in areas lagging behind the competition.
- Intel's stock rose over 12% following Tan's appointment, marking a positive response from investors.
- Analysts have stressed the importance for Intel to focus on chip design and potentially spin off its foundry business to enhance competitiveness in the market.
- While Tan's appointment is seen as a positive step, it is expected to take one to two years for Intel's turnaround to fully materialize.
- Intel reported beating earnings and revenue expectations in January but offered weak guidance for the future due to factors like economic uncertainty and competition.
- The company's market capitalization stands at $89.5 billion, significantly smaller than that of rival Nvidia, reflecting industry dynamics and performance.
- Despite challenges, Intel looks to capitalize on growth opportunities under Tan's leadership and accelerate its turnaround in the semiconductor market.
Siliconangle | 13 Mar, 2025
Intel appoints Lip-Bu Tan as its next CEO
- Intel has appointed Lip-Bu Tan as its CEO.
- Tan is a major figure in the semiconductor industry.
- He was formerly the CEO of Cadence Design Systems.
- Intel's stock jumped around 11% in after-hours trading after the announcement.
TechCrunch | 13 Mar, 2025
Intel has a new CEO
- Intel has appointed Lip-Bu Tan as its new CEO, following the departure of former CEO Pat Gelsinger.
- Lip-Bu Tan previously served as CEO of Cadence and as a member of Intel's board of directors.
- The new CEO will take over on March 18th and aims to position Intel for the future.
- It remains to be seen whether Tan will continue with Intel's current strategy or make changes.
The Verge | 13 Mar, 2025
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Cadence Design Systems FAQs
When was Cadence Design Systems founded?
Cadence Design Systems was founded in 1988. The company has been operating for 37 years primarily in the Semiconductors sector.
Where is the Cadence Design Systems headquarters located?
Cadence Design Systems is headquartered in Noida, Uttar Pradesh.
How many employees does Cadence Design Systems have in India?
Cadence Design Systems currently has more than 4,100+ employees in India. Engineering - Software & QA department appears to have the highest employee count in Cadence Design Systems based on the number of reviews submitted on AmbitionBox.
Does Cadence Design Systems have good work-life balance?
Cadence Design Systems has a work-life balance rating of 4.0 out of 5 based on 200+ employee reviews on AmbitionBox. 77% employees rated Cadence Design Systems 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Cadence Design Systems work-life balance reviews for more details
Is Cadence Design Systems good for career growth?
Career growth at Cadence Design Systems is rated fairly well, with a promotions and appraisal rating of 3.5. 77% employees rated Cadence Design Systems 4 or above, while 23% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Cadence Design Systems promotions/appraisals reviews for more detailed insights.
What are the pros of working in Cadence Design Systems?
Working at Cadence Design Systems offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and work life balance, based on 200+ employee reviews on AmbitionBox.
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