Cadence Design Systems: Difference between revisions

Revision as of 07:06, 8 August 2025

Revision as of 09:37, 8 August 2025

Line 25:

}}

'''Cadence Design Systems, Inc.''' (stylized as '''cādence''')<ref name="OriginalRef_Staff_investors">Investor's Business Daily [https://www.investors.com/news/management/leaders-and-success/cadence-ceo-lip-bu-tan-builds-once-troubled-cadence-into-long-term-leader/ CEO Lip-Bu Tan Molds Troubled Cadence Into Long-Term Leader] Retrieved November 12, 2020</ref> is an American [[multinational corporation|multinational]] technology and computational software company<ref name="OriginalRef_StreetStaff1_thestree.com"/> headquartered in [[San Jose, California]].<ref name="OriginalRef_Staff_investors"/> <!--Cadence was formed in 1988 through the merger of SDA Systems and [[ECAD, Inc.|ECAD]].<ref name="OriginalRef_StreetStaff1_thestree.com"/> --> Initially specialized in [[Electronic design automation|electronic design automation (EDA)]] software for the semiconductor industry,<ref name="OriginalRef_NYTStaff1_nytimes.com"/> currently the company makes [[software]] and [[Electronic hardware|hardware]] for designing products such as [[integrated circuit]]s, [[System on chip|systems on chip]]s (SoCs), [[printed circuit board]]s,<ref name="OriginalRef_StreetStaff1_thestree.com">The Street [https://www.thestreet.com/tech/news/cadence072120 How Cadence Designs the Future] Retrieved July 21, 2020</ref> and [[pharmaceutical drugs]], also licensing [[intellectual property]] for the electronics, aerospace, defense and automotive industries.<ref name="OriginalRef_VItu_santafenewmexican.com"/> In July 2025, Cadence, reached an agreement with the U.S. Department of Justice, to plead guilty to resolve charges that it violated export controls rules to sell hardware and software to China’s National University of Defense Technology, which is linked to the Chinese military between 2015 and 2021. Additionally, the U.S. Department of Commerce’s Bureau of Industry and Security also fined Candence $95 million for the same breaches, with Cadence admitting that “employees of its Chinese subsidiary knowingly transferred sensitive U.S. technology to entities that develop supercomputers in support of China’s military modernization and nuclear weapons programs.”<ref name="https://www.msn.com/en-us/news/world/intel-s-stock-tumbles-after-trump-says-its-ceo-must-resign/ar-AA1K5EnO"/>

==History==