Cadence Design System Inc Stock Price, News & Analysis

Cadence (Nasdaq: CDNS) has announced a definitive agreement to acquire Hexagon AB's Design & Engineering business, including MSC Software, for €2.7 billion. The deal structure comprises 70% cash and 30% Cadence common stock.

The acquisition significantly expands Cadence's System Design & Analysis portfolio, building upon their 2024 Beta CAE acquisition. Hexagon's D&E business, which generated $280 million in revenue in 2024, brings flagship products MSC Nastran and Adams, along with over 1,100 employees globally.

This strategic move strengthens Cadence's position in structural analysis and multiphysics simulation, particularly in automotive, aerospace, robotics, and physical AI applications. The transaction is expected to close in Q1 2026, subject to regulatory approvals.

Cadence Design Systems (Nasdaq: CDNS) announced that its President and CEO, Dr. Anirudh Devgan, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco.

The presentation is scheduled for Tuesday, September 9, 2025, at 1:45 p.m. PDT. Investors can access the live webcast through the company's investor relations website at investor.cadence.com. The presentation will remain available for replay for 180 days following the event.

Cadence (Nasdaq: CDNS) has completed its acquisition of the Arm Artisan foundation IP business. The acquired portfolio includes standard cell libraries, memory compilers, and general-purpose I/Os (GPIOs) optimized for advanced process nodes at leading foundries.

This strategic acquisition enhances Cadence's design IP offerings, complementing its existing portfolio of protocol and interface IP, memory interface IP, and SerDes IP. The integration aims to improve customers' time to market and optimize cost, power, and performance metrics, particularly in SoC designs utilizing leading foundry processes.

The transaction is expected to be immaterial to revenue and earnings in the current year.

Cadence Design Systems (NASDAQ:CDNS) announced its participation in the upcoming Deutsche Bank Technology Conference. Senior Vice President and CFO John Wall, along with VP of Investor Relations Richard Gu, will engage in a fireside chat at the event.

The presentation is scheduled for Wednesday, August 27, 2025, at 12:30 PM PDT. Investors can access the live webcast through the company's investor relations website at investor.cadence.com. The presentation will remain available for replay for 180 days following the event.

Cadence (Nasdaq: CDNS) has unveiled a breakthrough in power analysis technology through collaboration with NVIDIA. The new Cadence Dynamic Power Analysis (DPA) App, integrated with the Palladium Z3 Enterprise Emulation Platform, enables hardware-accelerated dynamic power analysis of billion-gate AI designs.

The technology achieves up to 97% accuracy while analyzing billions of cycles within hours, a task previously considered impossible with conventional tools. This innovation allows semiconductor developers to accurately predict power consumption under realistic conditions, enabling the creation of more energy-efficient AI and ML systems while accelerating time to market.

Mach42 has unveiled its breakthrough AI-powered Discovery Platform, integrated with Cadence's (NASDAQ:CDNS) Spectre Simulation Platform for analog circuit analysis. The solution combines proprietary AI algorithms, high-performance simulation engines, and cloud infrastructure to accelerate design space exploration and IP reuse validation.

The platform automatically processes design netlists and specifications, rapidly detecting out-of-spec violations while providing accurate package and PCB parasitics modeling. Through machine learning-based emulation technology, it enables designers to validate circuit performance across various operating conditions, including voltage, temperature, and process corners.

Cadence (NASDAQ: CDNS) reported strong Q2 2025 financial results, with revenue reaching $1.275 billion, marking a 20% year-over-year growth. The company achieved a non-GAAP operating margin of 42.8% and non-GAAP EPS of $1.65, both exceeding Q2 guidance.

Quarter-end backlog stood at $6.4 billion, with current remaining performance obligations of $3.1 billion. Despite facing temporary restrictions on exports to China, Cadence raised its 2025 outlook, projecting 13% revenue growth and a non-GAAP operating margin of 44%. The company recorded a one-time charge of $140.6 million related to settlements with the DOJ and BIS.

Notable business highlights include the launch of Cerebrus AI Studio and Millennium M2000 AI Supercomputer, with strong performance across Core EDA (16% growth), IP business (25% growth), and System Design & Analysis (35% growth).

Cadence (Nasdaq: CDNS) has achieved a significant technological breakthrough with the tapeout of the industry's first LPDDR6/5X memory IP system solution operating at 14.4Gbps - up to 50% faster than previous LPDDR DRAM generations.

The new solution includes an advanced PHY architecture and high-performance controller, supporting both LPDDR6 and LPDDR5X DRAM protocols. It's designed to meet increasing memory bandwidth demands for AI infrastructure, including LLMs and compute-heavy workloads. The system is already engaging with leading AI, HPC, and data center customers.

The solution supports traditional SoCs and multi-die architectures through Cadence's chiplet framework, offering flexibility for various markets including AI, mobile, consumer, enterprise HPC, and cloud data centers.

Cadence (Nasdaq: CDNS) has scheduled its second quarter 2025 financial results webcast for Monday, July 28, 2025, at 2:00 PM Pacific Time. The presentation will feature Dr. Anirudh Devgan, president and CEO, along with John Wall, senior vice president and CFO.

The webcast recording will be accessible on the company's investor relations website from 5:00 PM PT on July 28 until 5:00 PM PT on September 16, 2025.