Cadence Design Systems (CDNS) is trading up at $381.75 (+2.18%) on NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Information Technology sector.
Cadence Design Systems, Inc. is an American multinational technology and computational software company headquartered in San Jose, California. Initially specialized in electronic design automation (EDA) software for the semiconductor industry, currently the company makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, and pharmaceutical drugs, also licensing intellectual property for the electronics, aerospace, defense and automotive industries.