Nathan Owens / Manufacturing Dive:

Chip design software maker Cadence agrees to acquire Stockholm-based Hexagon's design and simulation software business for ~$3.18B in cash and stock  —  The acquisition would bolster the industrial software maker's position in the growing structural analysis market used widely by Boeing, Lockheed Martin, Toyota and other suppliers.

Nathan Owens / Manufacturing Dive:

Chip design software maker Cadence agrees to acquire Stockholm-based Hexagon's design and simulation software business for ~$3.18B in cash and stock  —  The acquisition would bolster the industrial software maker's position in the growing structural analysis market used widely by Boeing, Lockheed Martin, Toyota and other suppliers.

Source: TechMeme
Source Link: http://www.techmeme.com/250916/p37#a250916p37