Cadence Design Systems Inc
CDNS
Israeli Tech Ecosystem Related
Company Overview
Cadence Design Systems, Inc. engages in the design and development of integrated circuits and electronic devices. Its products include electronic design automation, software, emulation hardware, and intellectual property, commonly referred to as verification IP, and design IP. It operates through the following geographical segments: United States, Other Americas, China, Other Asia, Europe, Middle East and Africa and Japan. The company was founded by Alberto Sangiovanni-Vincentelli, Gudmundur A. Hjartarson, K. Bobby Chao, and K. Charles Janac in June 1988 and is headquartered in San Jose, CA.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Product and maintenance | $3,340.2 | $0.0 | Software arrangements, services, royalties, maintenance on IP licenses and hardware, and operating leases of hardware |
| Services | $221.5 | $0.0 | - |
| Total | $3,561.7 | $0.0 | 0.00% (passed) |
| Name | Cadence Design Systems Inc |
| Ticker | CDNS |
| Main Business | Software - Application |
| Type | Securities |
| Industry | Software—Application |
| Country | US |
| Market Cap | $74.70 B |
Rocketick
Founded: 2008
Software-based Acceleration Solutions
Verisity
Founded: 1988
Electronic Design Verification Systems
