Mergers & Acquisitions · Feb 23, 2026

Cadence Design Systems, Inc. has consummated the acquisition of the design and engineering business of Hexagon Smart…

CDNSCadence Design Systems Inc

Cadence Design Systems, Inc. has consummated the acquisition of the design and engineering business of Hexagon Smart Solutions AB. As partial consideration for the transaction, the company issued 3,224,473 shares of common stock to the seller on February 23, 2026.