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Hexagon AB sold its Design & Engineering business to Cadence Design Systems, which also acquired MSC Software's D&E business.

1 report, 1 independent Updated Sep 5

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Hexagon AB Cadence Design Systems MSC Software

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The entities involved

Hexagon AB
company
- A market comparison based on financial performance metrics was conducted involving Hexagon AB and Kimball Electronics, Inc.Sat 18:45
- Xanadu Quantum Technologies is linked to a SPAC structure, and investors are currently comparing its financial performance and risk profiles.Thu 00:33
Cadence Design Systems
American electronic design automation (EDA) software and engineering services company
- CEO of Cadence Design Systems sold a large number of company shares.Mon 10:48
- Lip-Bu Tan discusses Intel's market position, noting that the company trades on the Nasdaq exchange and is a major player in the chip market, viewed as an inference and foundry play.Sun 23:34
MSC Software
company

Nothing else this week.

Coverage

Newest first; wire copies grouped

Sep 5PR NewswireHexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR Divesture advances portfolio focus, unlocks value and increases financial flexibility STOCKHOLM, Sept. 4, 2025 /PRNewswir