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ACQUISITIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of BETA CAE based on their respective fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$118,676 
Goodwill822,129 
Acquired intangibles345,000 
Other long-term assets18,198 
Total assets acquired1,304,003 
Current liabilities36,465 
Long-term liabilities36,250 
Total liabilities assumed72,715 
Total purchase consideration$1,231,288 
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of Invecas based on their respective fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$50,608 
Goodwill42,209 
Acquired intangibles15,500 
Other long-term assets7,414 
Total assets acquired115,731 
Current liabilities17,114 
Long-term liabilities3,647 
Total liabilities assumed20,761 
Total purchase consideration$94,970 
The total purchase consideration was allocated to the assets acquired and liabilities assumed based on their respective fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$1,460 
Goodwill80,999 
Acquired intangibles26,000 
Other long-term assets2,798 
Total assets acquired111,257 
Current liabilities2,531 
Long-term liabilities142 
Total liabilities assumed2,673 
Total purchase consideration$108,584 
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of Pulsic based on their respective fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$4,369 
Goodwill47,448 
Acquired intangibles12,400 
Other long-term assets89 
Total assets acquired64,306 
Current liabilities1,553 
Long-term liabilities2,885 
Total liabilities assumed4,438 
Total purchase consideration$59,868 
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of OpenEye based on their respective estimated fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$24,890 
Goodwill359,580 
Acquired intangibles117,400 
Other long-term assets6,542 
Total assets acquired508,412 
Current liabilities15,489 
Long-term liabilities18,456 
Total liabilities assumed33,945 
Total purchase consideration$474,467 
The total purchase consideration was allocated to the assets acquired and liabilities assumed with Cadence’s acquisition of Future Facilities based on their respective estimated fair values on the acquisition date as follows:
 Fair Value
 (In thousands)
Current assets$7,992 
Goodwill67,219 
Acquired intangibles38,100 
Other long-term assets2,708 
Total assets acquired116,019 
Current liabilities4,952 
Long-term liabilities8,167 
Total liabilities assumed13,119 
Total purchase consideration$102,900 
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination
Definite-lived intangible assets acquired with Cadence’s acquisition of BETA CAE were as follows:
 Fair ValueWeighted Average Amortization Period
 (In thousands) (in years)
Existing technology$140,000 6.0 years
Agreements and relationships190,000 15.0 years
Tradenames, trademarks and patents15,000 7.0 years
Total acquired intangibles with definite lives$345,000 11.0 years
Definite-lived intangible assets acquired with Cadence’s acquisition of the SerDes and Memory business from Rambus were as follows:
 Fair ValueWeighted Average Amortization Period
 (In thousands) (in years)
Existing technology$16,700 5.0 years
Agreements and relationships9,300 7.0 years
Total acquired intangibles with definite lives$26,000 5.7 years
Definite-lived intangible assets acquired with Cadence’s acquisition of Pulsic were as follows:
 Fair ValueWeighted Average Amortization Period
 (In thousands) (in years)
Existing technology$8,000 6.2 years
Agreements and relationships4,100 8.0 years
Tradenames, trademarks and patents300 6.0 years
Total acquired intangibles with definite lives$12,400 6.8 years
Definite-lived intangible assets acquired with Cadence’s acquisition of OpenEye were as follows:
 Fair ValueWeighted Average Amortization Period
 (In thousands) (in years)
Existing technology$53,900 7.0 years
Agreements and relationships61,400 12.3 years
Tradenames, trademarks and patents2,100 7.0 years
Total acquired intangibles with definite lives$117,400 9.8 years
Definite-lived intangible assets acquired with Cadence’s acquisition of Future Facilities were as follows:
Fair ValueWeighted Average Amortization Period
 (In thousands) (in years)
Existing technology$20,900 6.0 years
Agreements and relationships15,600 9.0 years
Tradenames, trademarks and patents1,600 8.0 years
Total acquired intangibles with definite lives$38,100 7.3 years