Pros
The company is big and the name is known all around the world between older professionals. The work is challenging and the career plane is good, specially if you like the hardware verification area. You can be in touch with the costumers, that are all big and known companies.
Cons
The majority of Cadence employees are men over 50 years old. Most of the benefits are for people this age, i.e they constantly have speakers coming to the campus to talk about "how to choose a good college for your children". The maternity paid leave is only 55 days, and the paternity leave is only 5 (five!) days. They don't promote too many events to make people get to know each other, so young professionals usually feel lonely on the work routine. The environment is very serious and nobody talks to each other, specially because the cubicles have tall walls around them. If you want to eat a snack, the only option you have are nuts and coffe/tea. You have to buy your own snack and lunch, and the food on the cafeteria is not even good. The wages for recent grads are usually lower then the average on Bay Area.