Cadence Design Systems acquires Hexagon

Cadence Design Systems agreed to acquire Hexagon. Reported deal value: €2.7B. Status: Completed. Sector: Engineering and Technology. Target headquarters context: Stockholm, Stockholm, Sweden.

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.

Cadence today announced that it has completed its previously announced acquisition of Hexagon AB Design and Engineering business , significantly expanding its System Design and Analysis portfolio and strategically positioning the company to capitalize on the Physical AI opportunity