Cadence Design Says Licensing Requirements for China Technology Exports Lifted; Shares Up Pre-Bell

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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