Unless you’re in the business of designing computer chips and other electronic devices, you’ve probably never used Cadence’s software or even heard of this US technology firm. Yet this is the latest multinational to reveal another multi-billion intellectual property asset transfer to Ireland. New corporate filings show that a subsidiary, Cadence Design Enablement Unltd, merged into Cadence Design Systems (Ireland) Ltd, the group’s central trading and holding company in this country, at the end of March. As part of the merger, directors of the surviving company made a declaration that it was able to cover the liabilities of its absorbed…
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