Cadence Design Systems Overview

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Organization Type
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 $3.0B.

The Organization’s Mission

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

Perks of Working at Cadence Design Systems

Cadence offers 401K, unlimited vacation, Health/Dental/Vision benefits, great work-life balance, positive environment, supportive staff, and much more.


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Job Openings
208 Positions
Average Salary
$115,840 yearly

Cadence Design Systems Reviews

Employee Reviews

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Employee Reviews

Dec 2020

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


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


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The Culture At Cadence Design Systems

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The Team At Cadence Design Systems

Key People

Lip-Bu Tan

Alberto Luigi Sangiovanni-Vincentelli

Paul Cunningham

The Inside Scoop

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.

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Cadence Design Systems Salaries

Salary Score
The national average salary for a Cadence Design Systems employee in the United States is $115,840 per year. Employees in the top 10 percent can make over $178,000 per year, while employees at the bottom 10 percent earn less than $75,000 per year.
Average Cadence Design Systems Salary
$55.69 hourly
Updated March 16, 2023
Average Employee Earnings

Cadence Design Systems Diversity

Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

Cadence Design Systems Gender Distribution


Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Cadence Design Systems. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • 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.

  • On average, employees at Cadence Design Systems stay with the company for 4.9 years.

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Cadence Design Systems Employee Political Affiliation

Cadence Design Systems employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a Cadence Design Systems employee was by Dagmar Lambrecht. Dagmar Lambrecht donated $7,061 to the Democratic Party.

Cadence Design Systems


Democratic Party

85.0 %

Republican Party

15.0 %
Employee Political Donations
NameJob TitlePartyDonation
Dagmar LambrechtEvent ManagerDemocratic Party$7,061
Bayram YenikayaSenior Engineering ManagerDemocratic Party$5,000
Gregory DonohueRequirements EngineerDemocratic Party$3,950
William CassidyRequirements EngineerRepublican Party$3,001
Jeffrey MarkhamSoftware EngineerDemocratic Party$2,846
Benton BurgessRequirements EngineerDemocratic Party$2,800
Michael MeyerRequirements EngineerDemocratic Party$2,700
Vinod KariatRequirements EngineerDemocratic Party$2,700
Dean SheaProgrammerDemocratic Party$2,000
David ThonExecutiveRepublican Party$2,000
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Cadence Design Systems Employment Videos

Cadence Design Systems Financial Performance

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

Cadence Design Systems Annual Revenue


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Cadence Design Systems Subsidiaries

Subsidiaries to Cadence Design Systems include Cadence Bank. Employees at the parent company, Cadence Design Systems, earn $115,840 whereas employees at Cadence Bank earn $42,375, on average.
Average Salarydesc

Cadence Bank

Salary Range26k - 66k$42k$42,375

Highest Paying Cadence Design Systems Competitors

Some of the competitors of Cadence Design Systems are Pure Storage, Nutanix, and VMware. The wages at Pure Storage average higher than the other similar companies, where the median salary is $137,410 per year. The salaries at Nutanix average $131,890 per year, and the salaries at VMware come in at $126,075 per year.

Frequently Asked Questions about Cadence Design Systems

When was Cadence Design Systems founded?

Cadence Design Systems was founded in 1988.

How many Employees does Cadence Design Systems have?

Cadence Design Systems has 8,900 employees.

How much money does Cadence Design Systems make?

Cadence Design Systems generates $3.0B in revenue.

What industry is Cadence Design Systems in?

Cadence Design Systems is in the software industry.

What is Cadence Design Systems's mission?

Cadence Design Systems's mission statement is "We innovate technologies essential to building great products that transform lives."

What type of company is Cadence Design Systems?

Cadence Design Systems is a public company.

Who are Cadence Design Systems's competitors?

Cadence Design Systems competitors include Synopsys, VMware, IBM, Juniper Networks, Xilinx, Citrix, Wind River, HP, Intel, Lattice Semiconductor, Silvaco, Ansys, Pure Storage, Esri, TIBCO Software, Altair, Analog Devices, Nutanix, Broadcom, Amd.

Who works at Cadence Design Systems?

Lip-Bu Tan (CEO)

Alberto Luigi Sangiovanni-Vincentelli (Board Member)

Paul Cunningham (undefined)

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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.