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Working at Cadence Design Systems

Zippia score 4.7

Overview

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Cadence Design Systems overview

Industry
Software
Revenue
$4.6B
Headquarters
San Jose, CA
Employees
8,900
Founded in
1988
Website
Organization type
Public
CEO
Tan Lip-Bu
Social media
Cadence Design Systems, Inc. (Cadence) develops electronic design automation (EDA), software, hardware, and silicon intellectual property (IP). Cadence licenses software and IP, sells or leases hardware technology and provides engineering and education services worldwide to help manage and accelerate electronics product development processes. The Company's customers use its products and services to design and develop complex integrated circuits (ICs) and electronics systems. The Company combines its products and technologies into platforms for four design activities: Functional Verification; Digital IC Design and Implementation; Custom IC Design and Verification, and System Interconnect Design. It sells software using three license types: subscription, term and perpetual. In June 2010, Cadence acquired Denali Software, Inc. (Denali). In May 2011, it acquired Altos Design Automation, Inc. On July 11, 2011, the Company acquired Azuro, Inc.
The staff at Cadence Design Systems come from unusually diverse demographic backgrounds. The company is 37.2% female and 46.2% ethnic minorities. Despite its diversity in other areas, Cadence Design Systems employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 85.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Cadence Design Systems has great employee retention with staff members usually staying with the company for 4.9 years.The average employee at Cadence Design Systems makes $115,840 per year. Pay at Cadence Design Systems is significantly lower than some of its highest paying competitors, like Pure Storage, Nutanix, and VMware, which pay $137,410, $131,890, and $126,075, respectively.
Based in San Jose, CA, Cadence Design Systems is a key player in the technology industry with 8,900 employees and an annual revenue of $4.6B.

Cadence Design Systems's mission statement

We innovate technologies essential to building great products that transform lives.

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Cadence Design Systems employee reviews

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Cadence Design Systems culture

  • What makes Cadence Design Systems a great place to work

    The challenges we get to address, accelerating broader use of life-changing technology!

  • What is Cadence Design Systems's culture like

    Awesome - key top-down fucus

  • What Cadence Design Systems does to give back to the community

    Lots of community programs, such as

  • What Cadence Design Systems employees think about their CEO

    Vision, passion, humility, customer-centric mindset, and can-do attitude!

Cadence Design Systems employee reviews

Cadence Design Systems employee reviews
5.0/5

Based on 1 ratings

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Employee reviews
profile
5.0
A zippia user wrote a review on Dec 2020
Pros of working at Cadence Design Systems

The technical team members. The technology of Cadence in Allegro and IC emulation.

Cons of working at Cadence Design Systems

I had to be a contractor and not an employee. I wanted to be an employee.

Cadence Design Systems benefits

Playing sports

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The team at Cadence Design Systems

  • The founders of Cadence Design Systems are Alberto Luigi Sangiovanni-Vincentelli and Paul Cunningham.
  • The key people at Cadence Design Systems are Tan Lip-Bu, Alberto Luigi Sangiovanni-Vincentelli and Paul Cunningham.
Key people
Tan Lip-Bu
Alberto Luigi Sangiovanni-Vincentelli
Paul Cunningham
The inside scoop
Cadence provides the expertise and tools, IP, and hardware required for the entire electronics design chain, from chip design to chip packaging to boards and to systems. Their products are used in mobile, consumer, cloud datacenter, automotive, aerospace, IoT, industrial and other market segments. The company has a team of over 7,200 employees and offices in 21 countries. Cadence was established in 1988 and is based in San Jose, CA.

Cadence Design Systems rankings

Cadence Design Systems is ranked #43 on the Best Technology companies to work for in California list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Cadence Design Systems salaries

Average Cadence Design Systems salary
$115,840
yearly
$55.69 hourly
Updated March 14, 2024

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Cadence Design Systems diversity

9.8
Diversity score
We calculated Cadence Design Systems’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cadence Design Systems’s workforce.
Cadence Design Systems diversity summary. Zippia estimates Cadence Design Systems's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Cadence Design Systems's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cadence Design Systems's workforce.
  • Cadence Design Systems has 8,900 employees.
  • 37% of Cadence Design Systems employees are women, while 63% are men.
  • The most common ethnicity at Cadence Design Systems is White (54%).
  • 19% of Cadence Design Systems employees are Asian.
  • 14% of Cadence Design Systems employees are Hispanic or Latino.
  • The average employee at Cadence Design Systems makes $115,840 per year.
  • Cadence Design Systems employees are most likely to be members of the democratic party.
  • Employees at Cadence Design Systems stay with the company for 4.9 years on average.

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Cadence Design Systems office locations

Cadence Design Systems is headquartered in San Jose, CA

Biggest Cadence Design Systems locations

RankCityJob countAvg. salary
1San Jose, CA65$136,838
2Cary, NC13$88,608
3Austin, TX12$106,420
4Raleigh, NC5$88,686
5Denver, CO4$103,744
6Pittsburgh, PA4$88,920

Videos about working at Cadence Design Systems

Lip-Bu Tan CEO Cadence Design Systems
Cadence Great Place to Work
Lip-Bu Tan Wins 2016 Dr. Morris Chang Exemplary Leadership Award

Cadence Design Systems financial performance

9.9
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Cadence Design Systems currently has 3.6B in revenue. Cadence Design Systems's most recent quarter produced 1.0b (q3'2023).

Cadence Design Systems annual revenue

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Highest paying Cadence Design Systems competitors

Compare Cadence Design Systems salaries to competitors, including Pure Storage, Nutanix, and VMware. Employees at Pure Storage earn the highest average yearly salary of $137,410. The salaries at Nutanix average $131,890 per year, and the salaries at VMware come in at $126,075 per year.
RankCompanyAverage salaryJobs
1$137,4100
2$131,8900
3$126,0750
4$122,1330
5$121,2180
6$120,4090
7$114,5260
8$110,9320
9$109,5460
10$107,5860
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Cadence Design Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cadence Design Systems. The employee data is based on information from people who have self-reported their past or current employments at Cadence Design Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cadence Design Systems. The data presented on this page does not represent the view of Cadence Design Systems and its employees or that of Zippia.

    Cadence Design Systems may also be known as or be related to Cadence, Cadence Design Systems, Cadence Design Systems (India) Pvt Ltd., Cadence Design Systems Inc and Cadence Design Systems, Inc.