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Cadence to Acquire Hexagon’s Design & Engineering Business, Accelerating Expansion in Physical AI and System Design and Analysis

Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering ("D&E") business of Hexagon AB, which includes its MSC Software business—a pioneer ...
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Cadence Strengthens Analysis Portfolio With Hexagon D&E Unit Buyout

CDNS is set to acquire Hexagon's Design & Engineering division for 2.7B euros, expanding its simulation and structural analysis portfolio.