Cadence Design Systems: Difference between revisions

Revision as of 05:44, 17 July 2025

Revision as of 05:46, 17 July 2025

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Although most of Cadence's customers for decades were "traditional semiconductor firms," around 40% of Cadence's revenue by 2022 came from customers who were "systems" oriented, or seeking products tailored for various industries that utilized chips in a central role. Cadence was also increasingly designing customized chips for clients and having them manufactured by third parties such as [[Taiwan Semiconductor Manufacturing]], a practice which had become more popular in the face of worldwide chip shortages and shipping issues, according to [[Reuters]].<ref name="Ref_Nellis2_Reuters.com"/> By late 2022, Cadence had clients such as [[Tesla, Inc.|Tesla]] and [[Apple Inc.]]<ref name="Ref_Nellis2_Reuters.com"/> Cadence acquired [[OpenEye Scientific Software]] for $500 million in September 2022, rebranding the company OpenEye Cadence Molecular Sciences and making it into a business unit.<ref name="OriginalRef_VItu_santafenewmexican.com"/> OpenEye signed [[Pfizer]] as a software client in October 2023.<ref>{{cite news |date=October 25, 2023 |title=Cadence Expands Pfizer's License to Molecular Design Software |url=https://www.cadence.com/en_US/home/company/newsroom/press-releases/pr/2023/cadence-expands-pfizers-license-to-molecular-design-software.html |work=Cadence.com |access-date=}}</ref>

Cadence purchased variousseveral businesses from [[Rambus]] in 2023.<ref name="OriginalRef_Staff_SiliconSemiconductor.net"/> <!-- As of September 2023, Cadence was "looking into" applying for funding from the $52 billion [[CHIPS and Science Act]], passed in 2022 bring more of the international semiconductor supply chain into the United States.<ref name="2023-09-21-Bloomberg">{{Citation |date=September 21, 2023 |title=Chip packaging is the next battleground for tech lead, CEO says |publisher=[[The Economic Times]] |url=https://telecom.economictimes.indiatimes.com/news/devices/chip-packaging-is-the-next-battleground-for-tech-lead-ceo-says/103827318 }}</ref> --> In February 2024, Cadence "quietly stepped into the supercomputer business," according to [[TechRadar]], when it unveiled the M1, its own supercomputer designed to run [[computational fluid dynamics]] (CFD) while utilizing AI.<ref name="2024-02-14-Williams">{{Citation |last=Williams |first=Wayne |year=2024 |title=Firm behind software used by AMD, Nvidia to make GPU and CPUs quietly unveils its own supercomputer — as it appears to emulate Apple by bringing hardware and software closer together |publisher=[[TechRadar]] |url=https://www.techradar.com/pro/firm-behind-software-used-by-amd-nvidia-to-make-gpu-and-cpus-quietly-unveils-its-own-supercomputer-as-it-appears-to-emulate-apple-by-bringing-hardware-and-software-closer-together }}</ref> In June 2024, Cadence purchased BETA CAE Systems.<ref name="2024-03-05-Bajwa"/>

In January 2025, Cadence announced the acquisition of [[:fr:Secure-IC|Secure-IC]], an embedded security IP platform provider; the acquisition is expected to close by mid-2025, following the usual regulatory approvals and other closing conditions, and be immaterial to 2025 revenue and earnings.<ref>{{cite news |last=Clarke |first=Peter |title=Cadence to acquire French security specialist Secure-IC |url=https://www.eenewseurope.com/en/cadence-to-acquire-french-security-specialist-secure-ic/ |website= eenews |date=2025-01-23 |accessdate=2025-02-02 }}</ref>