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Cadence Design ( (CDNS) ) just unveiled an announcement.
Cadence Design Systems has appointed Moshe Gavrielov to its board of directors, effective January 1, 2025. Gavrielov brings extensive industry experience, having previously served as CEO of Xilinx and in executive roles at Cadence and other technology firms. His appointment is seen as a strategic move to leverage his expertise to drive growth and enhance shareholder value, aligning with Cadence’s focus on innovation in the AI era.
More about Cadence Design
Cadence Design Systems, Inc. is a leader in electronic systems design, leveraging over 30 years of computational software expertise. The company focuses on delivering software, hardware, and IP that enable the creation of electronic products ranging from chips to complete systems across various market applications, including hyperscale computing, 5G communications, automotive, mobile, aerospace, consumer, industrial, and healthcare.
YTD Price Performance: 13.37%
Average Trading Volume: 1,857,671
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $84.69B
See more data about CDNS stock on TipRanks’ Stock Analysis page.
