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Home·Deals·System Design and Analysis·Cadence Design Systems acquires Hexagon AB's Design and Engineering business
Cadence Design Systems acquires Hexagon AB's Design and Engineering business (2026)
SEO URLwww.firestrike.ai/deals/hexagon-ab-s-design-and-engineering-business-cadence-design-systems-acquisition-2026
acquisitionAnnounced · Feb 23, 2026System Design and AnalysisSource · Unverified ReportsArticle · Factual
Hexagon AB's Design and Engineering business
Cadence Design Systems
Hexagon AB's Design and Engineering business · Cadence Design Systems

Cadence Design Systems acquires Hexagon AB's Design and Engineering business

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
€2.7B
Target
Hexagon AB's Design and Engineering business
Hexagon AB's Design and Engineering business
Acquirer
Cadence Design Systems
Cadence Design Systems
Full Acquisition
Status
Completed

Cadence Design Systems agreed to acquire Hexagon AB's Design and Engineering business. Reported deal value: €2.7B. Status: Completed. Sector: System Design and Analysis. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-02-23. Figures and status may change as filings and press coverage update.

February 23, 2026 Insider Brief Cadence has completed its €2.7 billion acquisition of Hexagon AB Design and Engineering business , expanding its System Design and Analysis portfolio to strengthen its position in the emerging Physical AI market

Deal timeline

Announced
Feb 23, 2026 · theaiinsider.tech
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in System Design and Analysis with a reported deal value of €2.7B. Figures and status may change as sources update.

Sources: theaiinsider.tech · Primary article · FireStrike proprietary index