Cadence Design Systems
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About Cadence Design Systems

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.
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Compare Cadence Design Systems with Similar Companies
Change Company | Change Company | Change Company | ||
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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 |
Cadence Design Systems Salaries
Lead Software Engineer
Software Engineer2
Principal Software Engineer
Software Engineer
Design Engineer
Lead Design Engineer
Product Validation Engineer 2
Software Engineer II
Design Engineer II
Lead Engineer
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Cadence Design Systems News
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.

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.

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.
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.

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.

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.

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'.

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.

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.

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.

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