Cadence Design Systems, Inc. (NasdaqGS:CDNS) entered into a definitive agreement to acquire Secure-IC S.A.S. on January 21, 2025. The deal is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is in the first half of 2025. The acquisition is expected to be immaterial to revenue and earnings for Cadence Design Systems, Inc. (NasdaqGS:CDNS) this year. Jefferies LLC acted as financial advisor to Secure-IC S.A.S. Mark Bekheit, Pierre-Louis Cléro, Charles-Antoine Guelluy, Jean-Luc Juhan, Olivia Rauch-Ravisé, Grace Lee and Matthias Rubner of Latham & Watkins LLP acted as legal advisor for Cadence Design Systems, Inc. Ernst & Young Capital Advisors, LLC acted as financial advisor to Cadence Design Systems, Inc. (NasdaqGS:CDNS).
Cadence Design Systems, Inc. (NasdaqGS:CDNS) completed the acquisition of Secure-IC S.A.S. on October 30, 2025.
Cadence Design Systems, Inc. is No. 1 worldwide in developing and marketing design software for integrated circuits and electronic systems. Net sales break down by activity as follows:
- sale of licenses (90.8%): design software, integrated circuit verification, simulation, and performance control systems, etc. In addition, the group offers maintenance services;
- services (9.2%): consulting, training, system design and development, technical assistance, etc.
Net sales are distributed geographically as follows: the United States (46.5%), Americas (2%), China (12.4%), Japan (5.6%), Asia (18.4%) and Europe/Middle East/Africa (15.1%).
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