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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Fri., Apr. 29, 6:01 AM

Slide #3. Cadence Design Systems, Inc. Rocketick Technologies, Ltd.

Acquirer: Cadence Design Systems, Inc. (NASDAQ:CDNS)
Acquiree: Rocketick Technologies, Ltd.
Details: Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced that it has completed the acquisition of Rocketick Technologies, Ltd., an Israel-based pioneer and leading provider of multicore parallel simulation.

Cadence Design Systems develops electronic design automation, software, hardware, and two categories of intellectual property (IP): verification intellectual property and design intellectual property. Co. provides maintenance for its software, hardware, and IP product offerings. Co. also provides engineering services related to methodology, education, hosted design solutions and design services for integrated circuits (ICs) and development of custom IP. Co. combines its products and technologies into categories related to main design activities: Functional Verification, including Emulation hardware; Digital IC Design and Signoff; Custom IC Design; System Interconnect and Analysis; and IP.

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Company Name:  Cadence Design Systems Inc
Sector:  Application Software
Number of ETFs Holding CDNS:  46
Total Market Value Held by ETFs:  $383.44M
Total Market Capitalization:  $7.08B
% of Market Cap. Held by ETFs:  5.42%

Open the CDNS Page at The Online Investor (in a new window) »

April 29, 2016    6:01 AM Eastern
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Buy (3.12 out of 4)
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