Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced the opening of a new European R&D Centre of Excellence in Cork, Ireland, to further expand local computational software development. Over the next three years, Cadence expects to create approximately 150 new engineering positions in Cork, facilitating customer design advancement in emerging consumer, hyperscale computing, 5G communications, automotive, aerospace, industrial, mobile and healthcare application areas.
“The Cork R&D Centre of Excellence reflects Cadence’s continued commitment to expand its presence in Ireland. Cadence began operations in Ireland in 1997 and has a long and successful history in the region. The Cork R&D Centre of Excellence further increases the size, scope and capabilities of our international headquarters in Ireland.
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We look forward to the Cork R&D Centre of Excellence employees becoming a part of the global team developing leading-edge software and other solutions for Cadence, which will assist our customers in meeting their Intelligent System Design challenges now and in the future,” said Anirudh Devgan, president of Cadence.
“The timing and scale of this Cadence investment is a real boost to Cork’s growing reputation as a specialised R&D hub,” said Steven Hollands, software engineering group director and Cork site leader, Cadence. “Due to our proximity to the University College Cork and the Cork Institute of Technology as well as to Ireland’s largest ICT research centre, The Tyndall Institute, we have an amazing engineering and computer science talent pool to draw from who can join us in our mission of shaping the future of technology by driving design excellence through our Intelligent System Design strategy.”
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The opportunities to do meaningful, high-impact work across many technology verticals is one of the reasons Cadence has been recognized by the Great Place to Work Institute as a Best Workplace in Ireland for the past six years, in addition to global recognitions as a Best Workplace in Europe, a World’s Best Workplace and one of Fortune’s 100 Best Companies to Work For. The inclusion of Cadence on these lists reflects its dynamic and inclusive company culture in Ireland and across the globe, where employees are passionate about solving technology’s toughest challenges.
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