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Home·Deals·Engineering·Cadence Design Systems acquires Hexagon Smart
Cadence Design Systems acquires Hexagon Smart (2026)
SEO URLwww.firestrike.ai/deals/hexagon-smart-cadence-design-systems-acquisition-2026
acquisitionAnnounced · Feb 23, 2026EngineeringSource · CredibleArticle · Factual
Hexagon Smart
Cadence Design Systems
Hexagon Smart · Cadence Design Systems

Cadence Design Systems acquires Hexagon Smart

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
€2.7B
Target
Hexagon Smart
Hexagon Smart
Acquirer
Cadence Design Systems
Cadence Design Systems
Full Acquisition
Status
Completed

Cadence Design Systems agreed to acquire Hexagon Smart. 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 , Inc. entered into a definitive agreement to acquire Design & Engineering business of Hexagon Smart for ?2.7 billion on September 4, 2025

Deal timeline

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

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

Sources: marketscreener.com · Primary article · FireStrike proprietary index