Cadence Design Systems, Inc. announced that San Jose Mayor Chuck Reed and the San José City Council have recognized the company as one of the 25 industry-driving companies generating the most growth and jobs in the city. As a key contributor to advancing the state of system design, Cadence continues to invest in innovation to enable the creation of the advanced mobile, consumer, automotive and other devices and systems that are rapidly changing our world.
“The people of San José and Silicon Valley have changed the world, and it’s thanks to industry-driving companies like Cadence that our city continues to be the capital of Silicon Valley, the world’s center of innovation,” Mayor Reed said. “The city council and I are proud to recognize the investment Cadence’s employees are making in our community. They haven’t just created innovative technology or developed patents, they’ve generated jobs and revenues that benefit the entire community. They’ve also contributed time and talent to our schools, nonprofit organizations and the community beyond the workplace. This commendation expresses the City of San José’s appreciation for all Cadence does to make a difference locally and globally.”
“Cadence is at the forefront of new technology for designing systems and semiconductors that are transforming the way we work and live,” said Lip-Bu Tan, president and CEO of Cadence. “With our employees we have built an exciting culture of innovation at Cadence that is enabling ideas to come to life and fueling our revenue and job growth. We appreciate Mayor Reed and the city council recognizing our accomplishments as a company and a valuable contributor to the community.”