Today is an age of unparalleled advances in technology. Driven by a revolution in semiconductor chip design and manufacturing capabilities, electronics today are integrated into everything from your car to your home and offer incredible computing power coupled with the ability to be connected anywhere. The design of these chips and systems is only possible through advanced electronic design automation ("EDA") tools that enable everything from design of individual transistors to the development and testing of critical software before the actual hardware is built.
Cadence Design Systems (NASDAQ:CDNS) ("Cadence" or "the Company") is one of the largest providers of electronic design automation tools and systems, with roughly 18% share of the $5 billion EDA market. This small cap...
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