Cadence Design announced that Hexagon will buy the design and engineering unit for $ 3,16 billion

News Consumer protection General Updates

Date: 5th Sep, 2025 Source: Ministry of Trade (Ticaret Bakanlığı) Country: Turkey Original Source

Brief

"On 05/09/2025", the "Ministry of Trade (Ticaret Bakanlığı)" issued an update regarding "Cadence Design announced that Hexagon will buy the design and engineering unit for $3.16 billion". This acquisition aims to expand Cadence's customer base and enhance its product portfolio, leveraging Hexagon's D&E business which specializes in computer-aided engineering solutions for structural and multi-body dynamics simulations. The agreement also brings a broader customer base, including Volkswagen Group, BMW, and Lockheed Martin.

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Ministry of Trade (Ticaret Bakanlığı)

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Cadence Design announced that Hexagon will buy the design and engineering unit for $ 3,16 billion

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Cadence Design announced that Hexagon will buy the design and engineering unit for $ 3,16 billion

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Ministry of Trade (Ticaret Bakanlığı)

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