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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Tue., May. 24, 8:18 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #65. Cadence Design Systems, Inc. Forte Design Systems

Acquirer: Cadence Design Systems, Inc. (NASDAQ:CDNS)
Acquiree: Forte Design Systems
Details: Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation, today announced that it has completed the acquisition of Forte Design Systems, a provider of SystemC-based high-level synthesis (HLS) and arithmetic IP.

Cadence Design Systems provides solutions that enable its customers to design electronic products. Co. provides software, hardware, services and reusable integrated circuit (IC) design blocks, which are referred to as intellectual property (IP). Co. also provides maintenance for its software, hardware, and IP product offerings. Co. combines its products and technologies into categories related to design activities including Custom IC and Simulation, Digital IC Design and Signoff, Functional Verification, IP, and System Interconnect and Analysis.

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Company Name: 
Cadence Design Systems Inc
Website: 
www.cadence.com
Sector: 
Application Software
Number of ETFs Holding CDNS: 
108
Total Market Value Held by ETFs: 
$7.35B
Total Market Capitalization: 
$39.89B
% of Market Cap. Held by ETFs: 
18.42%
 

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Buy (3.37 out of 4)
40th percentile
(ranked lower than approx. 60% of all stocks covered)

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CDNS Stock Forecast

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