Cadence Furthers Expansion in 5G RF Communications with Acquisition of Integrand

▤ Summary

SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence Design Systems, Inc. (Nasdaq: CDNS) announced that it has acquired Integrand Software, Inc. to further accelerate innovation in the 5G RF communications space. Integrand’s EMX® technology has the industry-leading Method of Moments (MoM) solver technology for analysis and extraction and enables designers to accurately and efficiently simulate large integrated circuits (ICs) and advanced packages, characterize passive components and analyze interconnect parasitics in 3D-IC systems. Cadence enables electronic systems and semiconductor companies to create the innovative end products that are transforming the way people live, work and play. Cadence software, hardware and semiconductor IP are used by customers to deliver products to market faster. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside Cadence’s control, including the effects of the acquisition on Cadence’s financial results and business, the ability to successfully operate or integrate the Integrand business into Cadence, the ability to retain and integrate Integrand employees into Cadence, the changes in customer demands and markets, and other risk factors set forth in Cadence’s most recent reports on Form 10-K and Form 10-Q.

▦ Linked Companies

Cadence

$5M to $10M