Chip design software firm Cadence forecasts sales below expe

Chip design software firm Cadence forecasts sales below expectations, shares fall, ET Telecom

Cadence and Synopsys are benefiting from more companies designing their own chips and the systems they go into. While the two companies have long been roughly equal in market capitalization, Synopsys' could be come larger if it closes its $35 bid for engineering software firm Ansys.

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