Cadence (CDNS) Acquisition of Will Expand Position in IP Design
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
DA Davidson Downgrades Cadence Designs (CDNS) to Neutral
March 12, 2013 7:41 AM EDTDA Davidson downgraded Cadence Designs (NASDAQ: CDNS) from Buy to Neutral with a price target of $15.00 (from $17.00).
For an analyst ratings summary and ratings history on Cadence Designs click here. For more... More
Cadence Design Systems (CDNS) to Acquire Tensilica for $380 Million
March 11, 2013 4:21 PM EDTCadence Design Systems, Inc. (NASDAQ: CDNS) today announced that it has entered into a definitive agreement to acquire Tensilica, Inc., a leader in dataplane processing IP, for approximately $380 million in cash. Tensilica had approximately $30 million of cash as of December 31, 2012.
Further expanding Cadence's IP portfolio,... More
