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-0.000306957708049028 -0.000306957708049028 0.00235334242837653 0.000119713506139154 -0.0061221009549794 -0.0177012278308322 -0.0204467939972715 -0.0342428376534787
Stock impact report

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

Cadence Design Systems, Inc. (CDNS) 
Last cadence design systems, inc. earnings: 4/20 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Complementary leading technologies combine to deliver comprehensive physical system design and AI-driven analysis solutions SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced that it has completed its previously announced acquisition of Hexagon AB’s Design and Engineering (“D&E”) business, significantly expanding its System Design and Analysis (SDA) portfolio and strategically positioning the company to capitalize on the Physical AI opportunity.The acquisition accelerates Cadence’s Intelligent System Design strategy by combining its compelling multiphysics portfolio with Hexagon D&E’s leadership in structural analysis, acoustics and multibody dynamics. The integration of Hexagon D&E’s flagship MSC Software solutions—including MSC Nastran™ and Adams™—with Cadence’s leading multiphysics portfolio spanning electronics, computational fluid dynamics (CFD) and BETA CAE’s structural pre and post processing technologies, will enable Cadence to deliver a comprehensive Show less Read more
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