Cadence Design to buy Hexagon's design and engineering unit for $3.16 billion

Cadence Design Systems

04/09/2025 21:37

Sept 4 (Reuters) - Cadence Design CDNS.O said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB for 2.7 billion euros ($3.16 billion).

($1 = 0.8542 euros)

 (Reporting by Juby Babu in Mexico City; Editing by Arun Koyyur)

 ((Juby.Babu@thomsonreuters.com;))