EDA developer Cadence has announced it will acquire Hexagon’s design and engineering business, including the assets of MSC Software, for approximately €2.7 billion (US$3.17 billion) in a mixture of cash and stock.
With this acquisition, Cadence can expand its structural simulation portfolio, which began last year with the $1.24 billion acquisition of developer Beta CAE. The company’s ultimate goal is to offer a unified multiphysics simulation platform encompassing electromagnetics, electrothermal, CFD and structural analysis.
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