Cadence Launches OrCAD Xplore Design Platform With Texas Instruments, DigiKey Partners

Cadence announced the OrCAD Xplore Design Platform on November 10, 2026, a connected environment that combines component research, design and procurement for individual engineers and small design teams. Business Wire published the announcement. Cadence said the platform reduces component research time by up to 80%.

How OrCAD Xplore Connects Design and Sourcing

OrCAD Xplore is built on OrCAD X Capture and powered by the Cadence Ultra Librarian ecosystem, which provides access to more than 16 million verified symbols, footprints and 3D models. Cadence said users save an average of three hours per component by avoiding manual symbol and footprint creation and verification. The platform gives engineers manufacturer-authoritative symbols, footprints, 3D models, simulation-ready models, reference designs, documentation and application expertise inside OrCAD X Capture.

Texas Instruments, STMicroelectronics, Murata Manufacturing, Molex and DigiKey supply manufacturer-verified content and expert guidance. DigiKey adds supply-chain insight, and an integrated shopping cart lets users purchase a complete bill of materials through DigiKey. Cadence said customers report that engineers spend more than 50% of their time outside the design tool researching components for selection, replacement and supply-chain status.

Michael Jackson, corporate vice president and general manager of the Systems Design and Analysis Group at Cadence, said: "By bringing manufacturer expertise directly to engineers at the point of component selection, we can simplify component research, accelerate design-in and help our partners grow adoption of their products." Tom Kuhl, vice president of digital experience at Murata, said the platform brings Murata's component intelligence and design models directly to engineers.

Cadence's Revenue Guidance and 2025 Sales

According to akta.pro company records, Cadence reported $5.29 billion in 2025 revenue and raised its full-year 2026 revenue guidance to $6.125–$6.225 billion, representing approximately 17% growth. The company reported $1.474 billion in Q1 2026 revenue, up 19% year-over-year.

Earlier Cadence Product and Partner Moves

Cadence unveiled Maestro, an AI suite built on Nvidia's Nemotron model for chip design, in October 2026, with the first models reaching select early-access customers in the fourth quarter, Reuters reported. In October 2026, Cadence also joined the DOE's Genesis Mission Consortium, a public-private partnership using AI to accelerate scientific discovery, Stock Titan reported. In November 2026, Expedera and Cadence announced a collaboration pairing Expedera's Origin Evolution NPU with Cadence's Tensilica NeuroEdge 130 AICP in a pre-silicon simulation, PR Newswire reported.

OrCAD Xplore Partner Ecosystem Expansion

Cadence said the OrCAD Xplore partner ecosystem is designed to expand following launch, bringing additional component manufacturers and industry partners onto the platform.