Cadence (Nasdaq: CDNS) announced that it has completed its previously announced acquisition of Hexagon AB’s Design and Engineering business (including MSC Software and Software Cradle), significantly expanding its System Design and Analysis (SDA) portfolio and strategically positioning the company to capitalize on the Physical AI opportunity.

For further details, please refer to the following;
Cadence Completes Acquisition of Hexagon’s Design and Engineering Business, Advancing Leadership in Physical AI and Multiphysics | Cadence

About Software Cradle
Software Cradle, part of Cadence, is an innovative provider of computational fluid dynamics (CFD) simulation software. Established in 1984, the company has pursued to offer unique, innovation focused, and highly reliable CFD solutions that enhance customers’ product quality and creativity. In 2016, the company joined MSC Software Corporation, the worldwide leader in the field of multidiscipline simulation. As a truly global company, Software Cradle delivers all-inclusive multi-physics solutions. Learn more at www.cradle-cfd.com.

About Cadence
Cadence is a market leader in AI and digital twins, pioneering the application of computational software to accelerate innovation in the engineering design of silicon to systems. Our design solutions, based on Cadence’s Intelligent System Design strategy, are essential for the world’s leading semiconductor and systems companies to build their next-generation products from chips to full electromechanical systems that serve a wide range of markets, including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences and robotics. In 2024, Cadence was recognized by the Wall Street Journal as one of the world’s top 100 best-managed companies. Cadence solutions offer limitless opportunities—learn more at www.cadence.com.