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San jose, calif.— cadence (nasdaq Chip design software provider will pay 70% of the amount in cash and the rest by issuing shares to hexagon Cdns) today announced it has entered into a definitive agreement to acquire the design & engineering (“d&e”) business of hexagon ab, which.

However, the engineering simulation market is evolving rapidly, with electronic design automation suppliers increasingly taking a leading role, a trend which is harder for. Cadence design has announced its acquisition of hexagon's design and engineering business for €2.7 billion, aimed at expanding its customer base and enhancing its product. Engineering software and simulation tools valued at €2.7 billion are being transferred to an electronic design firm

The deal redirects focus on sensors and data, while ensuring.

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