Cadence Design Systems, Inc. Cadence R&D center Type Public Traded as NASDAQ: CDNS S&P 400 Component Industry Software & Programming Founded 1988 Headquarters San Jose, California, United States Key people Lip-Bu Tan, President/CEO Revenue 1.702 billion USD (2015) Net income $252 million USD (2015) Number of employees 6786 (April 2, 2016)[1] Website www.cadence.com