Topic

Hexagon AB

Cadence Completes Acquisition of Hexagon’s Design and Engineering Business for €2.7B to Expand Into Physical AI and Multiphysics

Insider Brief PRESS RELEASE — Cadence (Nasdaq: CDNS) today announced that it has completed its previously announced acquisition of Hexagon AB’s Design and Engineering (“D&E”) business, significantly expanding its System Design and Analysis (SDA)

23 Feb 2026 · 3 min read

Physical AI

Cadence to Buy Hexagon’s Design & Engineering Business for €2.7 Billion to Accelerate Expansion in Physical AI and System Design and Analysis

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Business & Markets · Startups

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Hexagon AB

Cadence Completes Acquisition of Hexagon’s Design and Engineering Business for €2.7B to Expand Into Physical AI and Multiphysics

Cadence to Buy Hexagon’s Design & Engineering Business for €2.7 Billion to Accelerate Expansion in Physical AI and System Design and Analysis

Divergent Technologies, Inc. Announces Closing of Upsized $230M Series D Capital Raise

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Hexagon AB

Cadence Completes Acquisition of Hexagon’s Design and Engineering Business for €2.7B to Expand Into Physical AI and Multiphysics

Cadence to Buy Hexagon’s Design & Engineering Business for €2.7 Billion to Accelerate Expansion in Physical AI and System Design and Analysis

Divergent Technologies, Inc. Announces Closing of Upsized $230M Series D Capital Raise

Trending today

Ando Emerges From Stealth With $20M to Build a Messaging Platform for Humans and AI Agents

Lightspeed Targets $250M for New AI-Focused India Early-Stage Fund

Hello Robot Receives Nearly $3M NIH Grant for Assistive Robotics Research

OpenAI Launches Misalignment Reports Site, Scraps Astra 6.1 Release and Apologizes to Australia Over Agent Breaches

Kodiak AI Names Dallas–Houston Corridor As First Long-Haul Driverless Launch Lane

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