Hexagon sells design and engineering unit in US$3.2bn deal
18 September 2025
US-based software company Cadence has agreed to acquire the design & engineering (D&E) business of Sweden’s Hexagon, including the MSC Software brand, in a deal valued at approximately €2.7 billion (US$3.2 billion).
The transaction will expand Cadence’s system design and analysis portfolio, building on its 2024 acquisition of Beta CAE, and strengthen its position in the multi-billion-dollar structural analysis market.
About 70% of the purchase price will be paid in cash, with the remainder in Cadence stock.
Hexagon’s D&E unit is known…
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