CADENCE DESIGN SYSTEMS, INC.
Cadence Design Systems, Inc. is a Delaware corporation, originally incorporated on April 8, 1987 under the name ECAD, Inc. and renamed Cadence Design Systems following its 1988 merger with SDA Systems, Inc. The company is headquartered in San Jose, California, and is registered to transact business in Florida as a foreign profit corporation under Florida Department of State document number P14729, where its status is listed as active.
Cadence Design Systems, Inc. develops electronic design automation (EDA) software, semiconductor intellectual property (IP), and hardware verification and emulation systems used by semiconductor and systems companies to design integrated circuits, systems-on-chip and printed circuit boards. Through its acquisitions of BETA CAE Systems International AG, completed in the second quarter of fiscal 2024, and OpenEye Scientific Software, Inc., the company has extended its portfolio into multiphysics engineering simulation and computational molecular modelling for life-sciences customers.
Cadence Design Systems, Inc. common stock trades on the Nasdaq Global Select Market under the ticker symbol CDNS. For fiscal year 2025, ended December 31, 2025, the company reported consolidated total revenue of 5,297 million US dollars, up from 4,642 million US dollars in fiscal 2024, and employed approximately 13,800 people worldwide, according to its Form 10-K filed with the U.S. Securities and Exchange Commission.
Recent developments at Cadence Design Systems, Inc. include the completed acquisition of Secure-IC, a provider of embedded security IP, during fiscal 2025, and a definitive agreement announced on September 4, 2025 to acquire Hexagon AB’s Design & Engineering business for approximately 2.7 billion euros, expected to close in the first quarter of 2026 subject to regulatory approval; as of this writing that transaction had not yet completed.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
5
Shareholders of Cadence Design Systems, Inc.
Cadence Design Systems, Inc. is a publicly traded company listed on the Nasdaq Global Select Market, and its shareholder base consists of a very large number of retail and institutional holders rather than a small, fixed group of registered owners. Under U.S. securities law, only holders that cross specific disclosure thresholds, generally beneficial ownership of 5% or more of outstanding common stock, are required to identify themselves to the U.S. Securities and Exchange Commission on Schedule 13D or 13G. The largest such holder currently on record is The Vanguard Group, Inc., which reported beneficial ownership of 27,230,987 shares, equal to approximately 10% of the class, in a Schedule 13G/A filed with the SEC on January 7, 2026, covering its position as of December 31, 2025. Vanguard’s filing states the holding is passive, made on behalf of the index and mutual funds it manages, rather than an activist or control stake. Other large asset managers and index-tracking funds also appear among the company’s institutional holders, consistent with Cadence’s inclusion in the Nasdaq-100 and S&P 500 indices; however, this profile could not independently verify the exact percentage held by each of those other holders against a primary SEC filing at the time of research.
Ultimate beneficial ownership
No ultimate beneficial owner has been identified for Cadence Design Systems, Inc. Every reportable shareholder identified is an institutional asset manager, mutual fund or exchange-traded fund investing on behalf of a wide base of underlying investors, not a natural person exercising control over the company; Cadence is a widely held public company with no reported controlling shareholder.
Data availability
Availability is best described as major shareholders only: SEC disclosure rules require identification only of holders whose beneficial ownership crosses the 5% threshold, so the majority of Cadence Design Systems, Inc.’s outstanding shares, held by retail investors and smaller institutional accounts, are not individually itemised in public filings.
Sources
- The Vanguard Group, Inc. Schedule 13G/A, U.S. Securities and Exchange Commission, filed January 7, 2026, event date December 31, 2025. Retrieved September 11, 2026.
| Shareholder | Type | Holding | Source Document |
|---|---|---|---|
| Vanguard Group Inc | 17.2% | Florida Department of State — Sunbiz | |
| Invesco QQQ Trust, Series 1 | 3.8% | Florida Department of State — Sunbiz | |
| VanEck ETF Trust-VanEck Semiconductor ETF | 2% | Florida Department of State — Sunbiz | |
| SELECT SECTOR SPDR TRT-State Street Technology Select Sector SPDR ETF | 1.4% | Florida Department of State — Sunbiz | |
| Fidelity Magellan Fund | 1.3% | Florida Department of State — Sunbiz |
Officers
5
Directors and officers of Cadence Design Systems, Inc.
Cadence Design Systems, Inc. is governed by an eleven-member Board of Directors, as set out in the company’s 2026 definitive proxy statement filed with the U.S. Securities and Exchange Commission: Mark W. Adams, Ita Brennan, Lewis Chew, Anirudh Devgan, Moshe Gavrielov, ML Krakauer, Julia Liuson, James D. Plummer, Alberto Sangiovanni-Vincentelli, Young K. Sohn and Luc Van den hove. ML Krakauer serves as the independent Board Chair. Anirudh Devgan is President and Chief Executive Officer, appointed President on November 16, 2017 and CEO effective December 15, 2021, and has served as a director since August 2, 2021; as an executive officer, he is not treated as independent. Nationality is not disclosed for any director in the company’s SEC filings, which report business addresses but not citizenship; this profile does not infer nationality from any director’s name or reported location.
Recent officer changes
- Marc Taxay is reported as Senior Vice President, General Counsel and Corporate Secretary as of February 2026, succeeding Karna Nisewaner, who had succeeded Alinka Flaminia, Senior Vice President, Chief Legal Officer and Corporate Secretary from June 2020, in the position.
Data availability
Officer and director information for Cadence Design Systems, Inc. is disclosed under U.S. federal securities law rather than through the company’s Florida foreign-qualification filing. The Florida Department of State (Sunbiz) record associated with document number P14729 lists five individuals, Alinka Flaminia, Anirudh Devgan, Alberto Sangiovanni-Vincentelli, Mark W. Adams and Young K. Sohn, under the generic title Governor, a designation more commonly associated with Florida limited-liability-company managers than with the directors or corporate officers of a Delaware stock corporation. Four of those five are confirmed current directors under the company’s most recent proxy statement, while Alinka Flaminia had already left her legal-officer role by the time of this research, indicating the Sunbiz-sourced listing reflects an outdated snapshot rather than the company’s current officer roster. Nationality is not publicly disclosed for any officer or director in Cadence’s SEC filings.
Sources
- Cadence Design Systems, Inc. Definitive Proxy Statement (DEF 14A), U.S. Securities and Exchange Commission, 2026. Retrieved September 11, 2026.
- Cadence Design Systems, Inc. Form 8-K, U.S. Securities and Exchange Commission, filed August 2, 2021, director appointment. Retrieved September 11, 2026.
- Florida Department of State, Division of Corporations (Sunbiz), entity record, document number P14729. Retrieved September 11, 2026.
Group Structure
Group structure of Cadence Design Systems, Inc.
Cadence Design Systems, Inc. is a publicly traded, Nasdaq-listed company and the ultimate parent of its own corporate group; no parent company has been identified for it. Its Florida foreign-qualification filing, document number P14729, relates to the same Delaware entity operating under its earlier name, ECAD, Inc. According to Exhibit 21.1 to its Form 10-K for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission, Cadence Design Systems, Inc. has 89 subsidiaries, all wholly owned directly or indirectly: 17 in the United States, 32 across Europe, including France, Germany, Italy, Switzerland, Sweden, Ireland and the United Kingdom, 28 across Asia-Pacific, including China, India, Japan and Singapore, and single entities in the Cayman Islands and Morocco. This is a full, current disclosure of the wholly owned group as required under SEC rules; it does not necessarily capture minority-owned joint ventures or investments below a controlling stake.
Verified corporate relationships
| Entity | Country | Registration number | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|---|
| BETA CAE Systems International AG | Switzerland | Not disclosed in source | Indirect subsidiary, acquired Q2 FY2024 | 100%, wholly owned | Active | 31 Dec 2025 |
| OpenEye Scientific Software, Inc. | United States (Delaware) | Not disclosed in source | Direct or indirect subsidiary | 100%, wholly owned | Active | 31 Dec 2025 |
| Secure-IC Inc. and affiliated Secure-IC entities | United States / France and affiliates | Not disclosed in source | Direct or indirect subsidiary, acquired 2025 | 100%, wholly owned | Active | 31 Dec 2025 |
| Cadence Design Systems Limited | United Kingdom | Not disclosed in source | Indirect subsidiary | 100%, wholly owned | Active | 31 Dec 2025 |
| Hexagon Design & Engineering business | Sweden, transferring business unit of Hexagon AB | Not applicable | Possible future subsidiary; announced acquisition, not yet completed | Ownership percentage not disclosed; consideration approximately 70% cash and 30% Cadence stock | Pending, announced 4 Sept 2025, expected close Q1 2026 | 4 Sept 2025 |
Recent structural changes
- Completed the acquisition of BETA CAE Systems International AG, Switzerland, in the second quarter of fiscal 2024, adding a multiphysics engineering-simulation subsidiary group.
- Completed the acquisition of Secure-IC, an embedded security IP provider with United States and French entities, during fiscal 2025.
- Announced a definitive agreement on September 4, 2025 to acquire Hexagon AB’s Design & Engineering business for approximately 2.7 billion euros; the transaction had not yet completed as of this research and remained subject to regulatory approval, expected to close in the first quarter of 2026.
Data availability
Corporate-linkage information for Cadence Design Systems, Inc. is described as full at the wholly-owned-subsidiary level, based on the mandatory Exhibit 21.1 subsidiary list filed with its most recent annual report. Percentages for individual entities beyond wholly owned are not separately broken out in that filing, and registration numbers for the non-US subsidiaries were not independently re-verified against each local registry for this profile.
Sources
- Cadence Design Systems, Inc. Form 10-K, Exhibit 21.1, List of Subsidiaries, U.S. Securities and Exchange Commission, fiscal year ended December 31, 2025. Retrieved September 11, 2026.
- Cadence Design Systems, Inc. press release, Cadence to Acquire Hexagon’s Design and Engineering Business, September 4, 2025. Retrieved September 11, 2026.
- Florida Department of State, Division of Corporations (Sunbiz), entity record, document number P14729. Retrieved September 11, 2026.
CADENCE DESIGN SYSTEMS, INC.
United States
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Frequently Asked Questions
What does CADENCE DESIGN SYSTEMS, INC. do?
Cadence Design Systems, Inc. is a Delaware corporation headquartered in San Jose, California, providing electronic design automation (EDA) software, semiconductor IP, and hardware verification and emulation systems for chip and systems design, plus computational software for engineering simulation and life sciences following its BETA CAE Systems and OpenEye Scientific acquisitions.
Who owns CADENCE DESIGN SYSTEMS, INC.?
The Vanguard Group, Inc. is the largest disclosed institutional holder, reporting 27,230,987 shares, about 10% of the class, in a Schedule 13G/A filed with the SEC on 7 January 2026 for the position as of 31 December 2025; other large asset managers and index funds also hold reportable stakes but were not individually verified.
Who is CADENCE DESIGN SYSTEMS, INC.'s UBO (Ultimate Beneficial Owner)?
No ultimate beneficial owner has been identified: the disclosed holders are institutional asset managers and index funds investing on behalf of underlying fund investors, not controlling natural persons.
What is CADENCE DESIGN SYSTEMS, INC.'s company registration number?
CADENCE DESIGN SYSTEMS, INC.'s registration number is P14729, filed with Florida Department of State — Sunbiz in United States. Its current status on the register is active.
Is CADENCE DESIGN SYSTEMS, INC. still an active company?
CADENCE DESIGN SYSTEMS, INC.'s status on Florida Department of State — Sunbiz is listed as active.
When was CADENCE DESIGN SYSTEMS, INC. incorporated?
CADENCE DESIGN SYSTEMS, INC. was incorporated on 5 June 1987, according to Florida Department of State — Sunbiz.
What is CADENCE DESIGN SYSTEMS, INC.'s registered address?
The registered address on file for CADENCE DESIGN SYSTEMS, INC. is SAN JOSE, United States.
What is CADENCE DESIGN SYSTEMS, INC.'s revenue?
Cadence reported total revenue of 5,297 million US dollars for fiscal year 2025, ended 31 December 2025, up from 4,642 million US dollars in fiscal 2024, with approximately 13,800 employees.
Is CADENCE DESIGN SYSTEMS, INC. listed on a stock exchange?
Cadence Design Systems, Inc. common stock trades on the Nasdaq Global Select Market under the ticker symbol CDNS.
Who are the officers/directors of CADENCE DESIGN SYSTEMS, INC.?
The Board of Directors comprises 11 members per the company’s 2026 proxy statement, including CEO and President Anirudh Devgan, a director since 2 August 2021, and independent Board Chair ML Krakauer; Marc Taxay has served as Senior Vice President, General Counsel and Corporate Secretary since around February 2026.
Does CADENCE DESIGN SYSTEMS, INC. have a parent company or subsidiaries?
Cadence Design Systems, Inc. is the ultimate parent of its corporate group, with no identified parent company; per Exhibit 21.1 to its FY2025 Form 10-K it has 89 wholly owned subsidiaries across the Americas, Europe, Asia-Pacific, the Cayman Islands and Morocco, including BETA CAE Systems International AG and OpenEye Scientific Software, Inc.
Can Zavia monitor changes to CADENCE DESIGN SYSTEMS, INC.'s ownership over time?
This profile reflects a point-in-time snapshot from Florida Department of State — Sunbiz. Zavia's monitoring API can track changes to CADENCE DESIGN SYSTEMS, INC.'s registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access CADENCE DESIGN SYSTEMS, INC.'s data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including United States, so records like CADENCE DESIGN SYSTEMS, INC.'s registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Florida Department of State — Sunbiz and was last synced on 9 September 2026.