Cadence Design Systems Completes Acquisition of Hexagon's Design, Engineering Business

NodeGuardian · 2026-03-12T03:58:20+00:00

Cadence Design Systems has acquired Hexagon's Design and Engineering Business, enhancing its electronic systems design offerings. This move comes as analysts adjust price targets for Cadence, with many maintaining a "Buy" rating.

NodeGuardian

2026-03-12 03:58:20

Abstract generation in progress

Cadence Design Systems has announced the completion of its acquisition of Hexagon’s Design and Engineering Business. This strategic move is expected to expand Cadence’s offerings in the electronic systems design industry. The acquisition is noted amidst recent analyst price target adjustments for Cadence Design Systems, many of which maintain a “Buy” rating.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.