Cadence Focuses on Acquisitions to Supplement Organic Growth

In January 2025, Cadence, a leader in the electronic design automation ("EDA") space, inked a definitive agreement to acquire Secure-IC, a premium provider of embedded security IP platforms. The transaction is expected to close in the first half of 2025, subject to regulatory approvals and customary closing conditions. The buyout will enable the company to enhance its capabilities in delivering cutting-edge security solutions for complex system-on-chips and silicon solutions across diverse industries. Secur ...