Cadence Design Systems, Inc (NASDAQ: CDNS) is an American multinational electronic design automation (EDA) software and engineering services company, founded in 1988 by the merger of SDA Systems and ECAD, Inc. The company produces software and hardware for designing integrated circuits, systems on chips (SoCs) and printed circuit boards. Cadence Design Systems, headquartered in San Jose, California, is a supplier of electronic design technologies and engineering services in the electronic design automation (EDA) industry. The company develops software used to design chips and printed circuit boards, as well as intellectual properties (IP) covering a broad range of areas, including interfaces, memory, analog, SoC peripherals, dataplane processing units, and verification. Cadence products primarily target FPGA and ASIC design engineers, and are used to move a design into packaged silicon (ASIC), with products for custom and analog design, digital design, mixed-signal design, verification, and package/PCB design.