Cadence

The timing and scale of this Cadence investment is a real boost to Cork’s growing reputation as a specialised R&D hub. Due to our proximity to the University College Cork and Munster Technological University as well as to Ireland’s largest ICT research centre, The Tyndall Institute, the region provides an amazing engineering and computer science talent pool to draw from.

Steven Hollands

Software Engineering Group Director and Cork Site Leader, Cadence

Cadence

Cadence Design Systems, Inc. (Cadence) is one of the world’s leading companies in highly- specialised electronic design automation software, or EDA, used for the design of electronic systems such as integrated circuits or chipsets. The company was founded in 1988 in San Jose, California and employs more than 10,000 people worldwide.

Arrival into Ireland

Cadence can trace its origins in Ireland back to 1997 when it established a site in Dublin to deliver shared services to the company for finance, engineering and IT. In 2019, the company expanded into Cork which is now its primary location in Ireland and its international headquarters. Today, Cadence’s headcount in Ireland stands at more than 250 people.

The company chose Cork due to the availability of talent, especially in engineering and computer science disciplines, together with the city’s proximity to world-class research facilities at Tyndall National Institute, Ireland’s largest ICT research centre, and University College Cork’s photonics and chip research centre.

In 2022, Cadence announced it would fund researchers at Insight, the Science Foundation Ireland (SFI) research centre for data analytics, to pursue advances in quantum speed processing for advanced chip and system design.

Embedding R&D excellence

The Cork site in particular continues to grow for Cadence. In November 2020, the company opened its European R&D Centre of Excellence there. It won and scaled this project during the COVID-19 Pandemic.

Over the following three years, Cadence created close to 200 new engineering jobs, working as part of the global team to develop leading-edge software and other solutions for the company. Cadence’s Cork team facilitates customer design advancement in emerging consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial, mobile and healthcare application areas.