American software company Cadence has announced the €2.7bn acquisition of the design and engineering branch of Sweden’s ...
MSC Software has shifted ownership several times over the past two decades. Symphony Technology Group acquired it in 2009 for $360 million before selling it to Hexagon in 2017 for $834 million.
The acquisition would bolster the industrial software maker’s position in the growing structural analysis market used widely by Boeing, Lockheed Martin, Toyota and other suppliers.
STOCKHOLM, Sept. 4, 2025 /PRNewswire/ -- Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business ("D&E"), which includes the business ...
SAN JOSE, Calif.--(BUSINESS WIRE)--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 ...
Cadence Design Systems agreed to acquire Hexagon's design and engineering business for 2.7 billion euros, or about $3.15 billion. The acquisition includes Hexagon's MSC Software business, which is an ...
Cadence (CDNS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength ...
World-renowned solutions will complement Cadence’s system analysis portfolio for automotive, aerospace, industrial and robotics Cadence (Nasdaq: CDNS) today announced it has entered into a definitive ...
Cadence Design Systems, Inc. CDNS has signed a definitive agreement to acquire the Design & Engineering (D&E) division of Hexagon AB, including its renowned MSC Software business, an industry pioneer ...
After a tame jobs report, some investors are expecting to see a quarter-point (or more) rate cut at each Fed meeting this year. As a result, Big Law dealmakers say M&A activity may heat up more. The ...
SAN JOSE - Cadence Design Systems, Inc. (NASDAQ:CDNS) announced it has entered into a definitive agreement to acquire Hexagon AB’s Design & Engineering business, including its MSC Software operations, ...