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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported): February 20, 2008
CADENCE DESIGN SYSTEMS, INC.
(Exact Name of Registrant as Specified in Charter)
         
Delaware
(State or Other Jurisdiction
of Incorporation) 		  000-15867
(Commission File Number) 		  77-0148231
(I.R.S. Employer
Identification No.)
     
2655 Seely Avenue, Building 5
San Jose, California 		  95134 
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code: (408) 943-1234
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

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Item 8.01. Other Events
Item 9.01. Financial Statements and Exhibits
SIGNATURES
EXHIBIT INDEX
EXHIBIT 99.1

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Item 8.01. Other Events.
     On February 20, 2008, Cadence Design Systems, Inc. issued a press release announcing that its Board of Directors has authorized the repurchase of up to $500 million of its common stock, effective immediately. This new repurchase program is in addition to the amount remaining under Cadence’s previous repurchase authorization. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
     (d) Exhibits
     
Exhibit   Description
     
99.1   Press Release issued by Cadence Design Systems, Inc. on February 20, 2008.

 

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: February 20, 2008
         
  CADENCE DESIGN SYSTEMS, INC.
 		  
  By:   /s/ William Porter    
    William Porter   
    Executive Vice President and Chief Financial Officer  
 

 

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EXHIBIT INDEX
     
Exhibit   Description
 
    
99.1
  Press Release issued by Cadence Design Systems, Inc. on February 20, 2008.