Cadence Design Systems acquires Hexagon's Design and Engineering business

Cadence Design Systems agreed to acquire Hexagon's Design and Engineering business. Reported deal value: €2.7B. Status: Completed. Sector: Engineering. 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.

Cadence Design Systems Completes Acquisition of Hexagon Design , Engineering Business Cadence Design Systems said Monday it completed its acquisition of Hexagon Design and Engineering business for about 2.7 billion euros , consisting of 70% in cash and 30% in Cadence common