Cadence Completes Acquisition of Hexagon’s Design and Engineering Business, Advancing Leadership in Physical AI and Multiphysics

NodeGuardian · 2026-03-10T13:25:05+00:00

Cadence has acquired Hexagon AB’s Design and Engineering business for €2.7 billion, enhancing its System Design and Analysis capabilities. This integration will strengthen Cadence’s multiphysics simulation platform and is expected to boost revenue and EPS in the coming years.

NodeGuardian

2026-03-10 13:25:05

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Cadence (Nasdaq: CDNS) has completed its acquisition of Hexagon AB’s Design and Engineering business for approximately €2.7 billion, bolstering its System Design and Analysis portfolio and leadership in Physical AI. This acquisition integrates Hexagon D&E’s MSC Software solutions, including MSC Nastran™ and Adams™, with Cadence’s multiphysics portfolio, creating an end-to-end multiphysics simulation platform. Cadence anticipates this will add $160 million to its 2026 revenue and become accretive to non-GAAP EPS in 2027.

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