8-K

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                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

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                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

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Date of Report (Date of earliest event reported):    July 17, 2000


                          CADENCE DESIGN SYSTEMS, INC.
               (Exact Name of Registrant as Specified in Charter)


          DELAWARE                      1-10606                77-0148231
 (State or Other Jurisdiction       (Commission File         (I.R.S. Employer
      of Incorporation )                 Number)          Identification Number)

                           2655 SEELY ROAD, BUILDING 5
                           SAN JOSE, CALIFORNIA 95134
               (Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code:  (408) 943-1234

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ITEM 5.  OTHER ITEMS.

         On July 17, 2000, Cadence Design Systems, Inc., a Delaware corporation
(the "Registrant"), issued a press release to report the separation and initial
public offering of the Registrant's design services group.

ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (c) Exhibits.

         The following exhibit is filed with this report on Form 8-K:



         Exhibit No.    Description
         -----------    -----------
                    

         99.1           Press Release of the Registrant issued on July 17, 2000.






                                   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 as of July 21, 2000.

                                  CADENCE DESIGN SYSTEMS, INC.

                                  By: /s/ R.L. Smith McKeithen
                                      ------------------------------
                                       R.L. Smith McKeithen
                                       Senior Vice President and General Counsel

EX-99.1

                                  Exhibit 99.1


         CADENCE PLANS TO LAUNCH SEPARATE
         ELECTRONICS DESIGN SERVICES COMPANY NAMED TALITY CORP.
               S-1 REGISTRATION FILED FOR INITIAL PUBLIC OFFERING

         SAN JOSE, CA--July 17, 2000--Cadence Design Systems, Inc. (NYSE: CDN),
the world's largest supplier of electronics design products and services, today
announced plans to launch its Design Services business as a separate company
named Tality Corporation.

         As part of the plan, Tality has filed a registration statement with the
Securities and Exchange Commission for an initial public offering (IPO).
Immediately after the IPO, Cadence will continue to own approximately 80 percent
of Tality, and Cadence does not expect to distribute the remaining shares of
Tality to Cadence shareholders at this time.

         Bob Wiederhold, formerly Senior Vice President of Design Services at
Cadence, has been named President and CEO of the new company.

         This action is intended to bring greater strategic focus to the new
design services company, while continuing to leverage Cadence's ability to
deliver complete design solutions to customers, including EDA tools, methodology
services and design services.

ABOUT CADENCE

Cadence is the largest supplier of electronic design automation products,
methodology services, and design services used to accelerate and manage the
design of semiconductors, computer systems, networking and telecommunications
equipment, consumer electronics, and a variety of other electronics-based
products. With approximately 5,000 employees and 1999 annual revenue of $1.1
billion, Cadence has sales offices, design centers, and research facilities
around the world. Cadence is headquartered in San Jose, Calif. More information
about Cadence, its products and services may be obtained from the World Wide Web
at http://www.cadence.com.


                                     (more)



ABOUT TALITY

With more than 1,000 engineers located in 14 design sites worldwide, Tality is
the largest provider of engineering services and intellectual property for the
design of complex electronics systems and integrated circuits. The Company is
headquartered in San Jose, Calif.

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This communication shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state.






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