Cadence Approved to List on NASDAQ and NYSE Exchanges.SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Cadence Design Systems (company) Cadence Design Systems - A company that sells electronic design automation software and services. http://cadence.com/. See also Verilog. , Inc. (NYSE NYSE See: New York Stock Exchange :CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. )(Nasdaq:CDN) announced that on July 16, 2004, the NASDAQ stock exchange approved the company's listing application. With this approval, Cadence can be traded on the Nasdaq National Market, as well as the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE). This positions Cadence alongside only six other innovative companies that provide their investors with additional liquidity and choice, when executing trades in common stock securities. Cadence's ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors on both the NYSE and NASDAQ is CDN. "Cadence is a strong believer in market competition and we are pleased to be in this group of forward-thinking companies who are listed on both exchanges," said Ray Bingham, Cadence executive chairman. About Cadence Cadence is the world's largest supplier of electronic design technologies and engineering services. Cadence products and services are used to accelerate and manage the design of semiconductors, computer systems, networking equipment, telecommunications equipment, consumer electronics, and other electronics based products. With approximately 4,850 employees and 2003 revenues of approximately $1.1 billion, Cadence has sales offices, design centers, and research facilities around the world. The company is headquartered in San Jose, Calif., and trades on both the New York Stock Exchange and NASDAQ under the symbol CDN. More information is available at www.cadence.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion