5 posts and columns on Cadence Design Systems

Voices

Cadence Tries to Incite Its Industry to Think Bigger

in News on April 28, 2010 at 12:00 am PT

Cadence Design Systems is not exactly the first company to suggest the app explosion has changed everything. But it has an unusual vantage point to discuss how other companies may jump on high-tech’s latest bandwagon.

Voices

Cadence: The Street Gives Up

in News on October 23, 2008 at 1:31 pm PT

Cadence Design Systems stock has plummeted just a day after the company went public with some serious revenue recognition issues, and just a week after most of senior management was fired by the board. Among the analysts, the feedback ranges from “Cadence faces an uphill battle” to “[the management exodus was] deeper and potentially more disruptive than we expected.” Not to mention “we are cautious on the timing of a turnaround.”

Voices

Cadence Postpones Earnings; Finds Accounting Issues

in News on October 22, 2008 at 4:09 pm PT

Cadence Design Systems, while reviewing third-quarter results, found a $24 million error in first-quarter results that should have been recognized during the second quarter. The company will restate first- and second-quarter results, and will release third-quarter results as soon as practicable. Maybe those results will shed light on the recent firing of CEO Mike Fister and some of his management team.

Voices

Cadence: CEO Fister, Other Execs Resign; Stock Tumbles

in News on October 15, 2008 at 9:17 am PT

Cadence Design Systems (CDNS) this morning announced the resignation of CEO Michael Fister “by mutual agreement” with the company’s board. Also headed for the exits: Kevin Bushby, EVP for worldwide field operations; James Miller, EVP for products and technologies organization; William Porter, chief administrative officer; and R.L. Smith McKeithen, EVP for corporate affairs.

Voices

Cadence Plunges on Reduced Outlook, New Rev Model

in News on July 23, 2008 at 3:28 pm PT

Cadence Design Systems (CDNS) shares have fallen steeply in after hours trading after the company announced a change in the way it does business that resulted in much lower than expected guidance for both Q3 and all of 2008.