Cadence acquires Hexagon Design & Engineering

2025-09-04 · Publisher : Cadence · Domain : Industry 4.0 & 5.0

Cadence announces the acquisition of Hexagon's Design & Engineering business (MSC Nastran, Adams) for about €2.7 billion. Closing takes place on 23 February 2026, strengthening its multiphysics simulation offering.

### Background On 4 September 2025, Cadence announces the acquisition of the **Design & Engineering (D&E)** business of Sweden's Hexagon for **about €2.7 billion** (about $3.16 billion according to Reuters). The deal closes on **23 February 2026**. Cadence, coming from electronic design, moves into the historic mechanical simulation used by design offices. ### Key facts - Software acquired: the MSC Software range, including **MSC Nastran** (structural analysis) and **Adams** (multibody dynamics), plus acoustics. - Combination with Cadence's multiphysics offering (electronics, computational fluid dynamics) and the pre- and post-processing of BETA CAE, already part of Cadence. - Price of about €2.7 billion, including about €150 million of transaction-related taxes, paid 70% in cash and 30% in Cadence stock. - Cadence expects $160 million of additional revenue in 2026; the deal becomes accretive from 2027 according to its projections. ### Why it matters Nastran is a de facto standard for structural analysis in aerospace and automotive. Its move to Cadence, after Siemens–Altair and Synopsys–Ansys, completes the redrawing of the simulation tools landscape. Cadence emphasizes "physical AI": producing reliable simulation data to train and validate AI models for vehicles and industrial systems. ### Takeaway The three major electronic or industrial design vendors now each own a historic pillar of simulation.

Tags : Acquisition, Simulation, IA physique, Cadence