Cadence Design Systems, Inc. Elects Mary Agnes Wilderotter as Director, Effective July 1, 2017
June 28, 2017 at 05:01 pm EDT
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On June 28, 2017, the Board of Directors of Cadence Design Systems, Inc. elected Mary Agnes Wilderotter to serve as a director of the Company, effective July 1, 2017. In addition, Ms. Wilderotter was designated to serve as a member of the Corporate Governance and Nominating Committee and Strategy Committee of the Board, effective July 1, 2017.
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 (93.8%): design software, integrated circuit verification, simulation, and performance control systems, etc. In addition, the group offers maintenance services;
- services (6.2%): consulting, training, system design and development, technical assistance, etc.
Net sales are distributed geographically as follows: the United States (41.4%), Americas (1.6%), China (16.6%), Japan (5.6%), Asia (18.8%) and Europe/Middle East/Africa (16 %).
CADENCE DESIGN SYSTEMS, INC. 
