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American multinational computational software company
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, the company currently makes software and hardware for designing products such as integrated circuits, systems on chips (SoCs), printed circuit boards, as well as develops large-scale molecular modelling applications and toolkits for pharmaceutical drug developers.
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In the most recent trading session, Cadence Design Systems (CDNS) closed at $359.55, indicating a +1.72% shift from the previous trading day.