Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry [Financial Post (Toronto, Ontario, Canada)]
Cadence Design Systems, Inc. (CDNS)
Last cadence design systems, inc. earnings: 4/20 04:05 pm
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Source: Financial Post
Flagship product, DSim, is the first-of-its-kind EDA simulation as a service solution TROY, Mich., July 01, 2024 (GLOBE NEWSWIRE) — Altair (Nasdaq: ALTR), a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation Inc. (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions. Article content The Metrics digital simulator, DSim, when combined with Altair's Silicon Debug Tools, will deliver a world-class, advanced simulation environment with superior simulation and debug capabilities in the EDA and semiconductor space. The cloud-based business model has the potential to transform the semiconductor space by making high caliber EDA design tools much more affordable and accessible for compani
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News
- Cadence Design Systems, Inc. (NASDAQ: CDNS) had its price target raised by analysts at Robert W. Baird from $322.00 to $341.00. They now have an "outperform" rating on the stock.MarketBeat
- What's Next For On-Device AI? Ask Qualcomm [Forbes]Forbes
- Altair Signs Agreement to Acquire Metrics Design Automation Inc. Expands Footprint in EDA Industry [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems (CDNS) Stock Moves -0.06%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Cadence Design Systems, Inc. (NASDAQ: CDNS) had its price target raised by analysts at KeyCorp from $350.00 to $355.00. They now have an "overweight" rating on the stock.MarketBeat
CDNS
Earnings
- 4/22/24 - Beat
CDNS
Sec Filings
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- 7/2/24 - Form 4
- CDNS's page on the SEC website