Compare · CDNS vs TYL
CDNS vs TYL
Side-by-side comparison of Cadence Design Systems Inc. (CDNS) and Tyler Technologies Inc. (TYL): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both CDNS and TYL operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
- CDNS is the larger of the two at $103.41B, about 7.8x TYL ($13.20B).
- Over the past year, CDNS is up 28.2% and TYL is down 44.5% - CDNS leads by 72.7 points.
- CDNS has been more active in the news (18 items in the past 4 weeks vs 10 for TYL).
- Both have 25 recent analyst ratings on file.
- Company
- Cadence Design Systems Inc.
- Tyler Technologies Inc.
- Price
- $374.97+0.30%
- $313.08+2.28%
- Market cap
- $103.41B
- $13.20B
- 1M return
- +13.62%
- -12.05%
- 1Y return
- +28.23%
- -44.51%
- Industry
- Computer Software: Prepackaged Software
- Computer Software: Prepackaged Software
- Exchange
- NASDAQ
- NYSE
- IPO
- News (4w)
- 18
- 10
- Recent ratings
- 25
- 25
Cadence Design Systems Inc.
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification. The company also provides digital IC design products, including Genus logic synthesis and RTL power solutions, as well as Modus software solution to reduce systems-on-chip design-for-test time; physical implementation tools, including place and route, optimization, and multiple patterning preparation; and signoff products to signoff the design as ready for manufacture by a silicon foundry. In addition, it offers custom IC design and simulation products to create schematic and physical representations of circuits down to the transistor level for analog, mixed-signal, custom digital, memory, and radio frequency designs; and system design and analysis products to develop printed circuit boards and IC packages, as well as to analyze electromagnetic, electro-thermal, and other multi-physics effects. Further, the company provides intellectual property (IP) products consisting of pre-verified and customizable functional blocks to integrate into customer's ICs; and verification IP and memory models to verify the correct interaction with dozens of design IP interface protocols. Additionally, it offers services related to methodology, education, and hosted design solutions, as well as technical support and maintenance services. Cadence Design Systems, Inc. was incorporated in 1988 and is headquartered in San Jose, California.
Tyler Technologies Inc.
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise Software, and Appraisal and Tax. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
Latest CDNS
- Cadence and Samsung Foundry Deepen 2nm and 3D‑IC Collaboration to Meet Surging AI Infrastructure and Physical AI Demand
- President and CEO Devgan Anirudh exercised 25,000 shares at a strike of $78.76 and sold $19,198,190 worth of shares (51,887 units at $370.00) as part of a pre-agreed trading plan, decreasing direct ownership by 8% to 303,525 units (SEC Form 4)
- Sr. Vice President Teng Chin-Chi exercised 1,000 shares at a strike of $202.94 and sold $1,662,087 worth of shares (4,500 units at $369.35) as part of a pre-agreed trading plan, decreasing direct ownership by 2% to 148,781 units (SEC Form 4)
- Cadence's Anirudh Devgan to Present at BofA Conference
- Amendment: Sr. Vice President Scannell Paul covered exercise/tax liability with 75 shares and sold $369,559 worth of shares (1,071 units at $345.06) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 32,181 units (SEC Form 4) to cover taxes
- Sr. Vice President Scannell Paul covered exercise/tax liability with 75 shares and sold $369,559 worth of shares (1,071 units at $345.06) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 32,181 units (SEC Form 4) (withholding tax)
- SVP & General Counsel Taxay Marc covered exercise/tax liability with 2,799 shares, decreasing direct ownership by 11% to 22,599 units (SEC Form 4) (tax withholding)
- Director Chew Lewis was granted 714 shares, increasing direct ownership by 8% to 9,131 units (SEC Form 4)
- Director Adams Mark gifted 779 shares, received a gift of 779 shares and was granted 714 shares, decreasing direct ownership by 8% to 714 units (SEC Form 4)
- Director Brennan Ita M was granted 714 shares, increasing direct ownership by 10% to 8,184 units (SEC Form 4)
Latest TYL
- Tyler Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
- Alaska's Largest City Selects Tyler Technologies to Modernize Resident Payment Experience
- Tyler Technologies to Deliver Easier Bookings for Park Visitors in Australia
- Tyler Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Unregistered Sales of Equity Securities, Other Events, Financial Statements and Exhibits
- Tyler Technologies, Inc. Announces Closing of Upsized Offering of $1,437,500,000 of 0.50% Convertible Senior Notes due 2031
- Tyler Technologies Signs Agreement with Riverside County, California, Sheriff's Office for Enterprise Corrections
- Tyler Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Tyler Technologies, Inc. Prices Upsized Offering of $1.25 Billion Convertible Senior Notes due 2031
- Tyler Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- Tyler Technologies, Inc. Announces Proposed Offering of Convertible Senior Notes Due 2031