You might need to convert the BIN files to ISO.
Try CCD2ISO. Then you end up with images.dir/fs.N files
Most are gzipped tarballs, with fs.0 being some metadata check of sorts.
It looks like this would be loaded by, SoftLoad, but it is not, not on QEMU
on Linux at least.
Rename them. The file fs.0 creates a tmp/ with empty files, whose names
are the metadata.

for i in {0..N}; do mv "fs.$i" "fs.$i.tar.gz"; done

for i in *.tar.gz; do tar xzvf "$i"; done

This will extract the files, but some are binary files. Not multipart tarballs, just apparently random binary data. Binwalk fails to identify them.

Once you extract the tarballs you get the Cadence applications, but no clues on installation.
A source script is provided with some initial env vars, and the license file

Copy cadence.lic to your $CDS_ROOT/share/license/license.dat
export LM_LICENSE_FILE=$CDS_ROOT/share/license/license.dat

and serve the licenses with the included $CDS_ROOT/tools/bin/lmgrd

the start.sh script provides a baseline.

