Cadence Design Systems Acquires OpenEye Scientific

Cadence Design Systems Acquires Integrand Software, Inc.

February 13, 2020

Software

Cadence Design Systems has acquired Integrand Software, Inc. to integrate Integrand's EMX Method of Moments electromagnetic solver into Cadence's Virtuoso, Sigrity, Clarity and AWR offerings, strengthening Cadence's 5G RF communications capabilities. Financial terms were not disclosed.

Cadence Acquires Hexagon's Design & Engineering Business

February 26, 2026

Software

Cadence Design Systems completed the acquisition of Hexagon AB's Design & Engineering (D&E) business for approximately €2.7 billion in cash and Cadence common stock. Hexagon received ~3.2 million Cadence shares (about 30% of consideration) with the remainder in cash; the D&E business contributed roughly €265 million of revenue in 2024 and the sale is expected to produce a ~€1.4 billion gain for Hexagon. The deal expands Cadence's capabilities in physical AI, multiphysics and system-level design and analysis.

Synopsys Acquires Ansys

January 16, 2024

Software

Synopsys has acquired Ansys in a cash-and-stock transaction valued at about $35 billion, combining Synopsys' electronic design automation (EDA) and IP capabilities with Ansys' simulation and analysis portfolio to create an integrated "silicon-to-systems" engineering leader. The deal, announced January 16, 2024 and completed July 17, 2025, positions the combined company to deliver integrated multiphysics and EDA solutions across semiconductors, automotive, aerospace and other industries.

Cadence Acquires Future Facilities

July 11, 2022

Software

Cadence Design Systems has acquired Future Facilities, a London-based provider of physics-based 3D digital twin and CFD simulation software for data center thermal and energy optimization. The deal expands Cadence's multiphysics and electronics cooling capabilities by integrating Future Facilities' digital-twin solutions with Cadence's existing thermal solver portfolio; terms were not disclosed and the acquisition is expected to be immaterial to near-term revenue.

Cadence Design Systems Acquires Invecas

January 8, 2024

Engineering Services

Cadence Design Systems has acquired Invecas, a design engineering and embedded software firm headquartered in Santa Clara, California, to strengthen Cadence's system design engineering capabilities across chip design, advanced packaging and embedded software. The acquisition brings an engineering team centered in Hyderabad and is expected to be immaterial to Cadence's revenue; terms were not disclosed.

TDK Corporation Acquires SoftEye, Inc.

June 19, 2025

AI & Machine Learning

TDK Corporation has acquired SoftEye, Inc., a San Diego–based developer of custom chips, cameras, software and algorithms for smart glasses; SoftEye will become an indirectly wholly owned subsidiary of TDK. The deal strengthens TDK's AI ecosystem and provides low-power eye-intent hardware and software technology to accelerate smart-glasses systems and a new human–machine interface for interacting with generative AI.