Cadence Completes Acquisition of Secure-IC

SAN JOSE, Calif.— October 30, 2025 --  Cadence (Nasdaq: CDNS) today announced it has completed the previously announced acquisition of Secure-IC, a leading provider of embedded security IP, security solutions and security evaluation tools and services.

By combining Cadence’s decades of expertise in IP and subsystem design with Secure-IC’s leading embedded cybersecurity solutions, the acquisition positions Cadence to address the growing demand for robust embedded security solutions across verticals, including automotive, data center, aerospace and defense, mobile, IoT and consumer electronics. With this acquisition, Cadence reinforces its commitment to delivering comprehensive system solutions that accelerate customers’ time to market while meeting increasing security and regulatory requirements across global markets.

The acquisition is expected to be immaterial to revenue and earnings this year. More information can be found at www.cadence.com.

About Cadence

Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design™ strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2024, Cadence was recognized by the Wall Street Journal as one of the world’s top 100 best-managed companies. Cadence® solutions offer limitless opportunities—learn more at www.cadence.com.