Public Company Software

Cadence

San Jose, California, United States

Cadence is a market leader in AI and digital twins, pioneering computational software that accelerates engineering design from silicon to systems. Its Intelligent System Design™ strategy provides design solutions for semiconductor and systems companies across chips to electromechanical systems for markets including hyperscale computing, mobile communications, automotive, aerospace, industrial, life sciences, and robotics.

Focus Areas
Electronic design automation (EDA), System design, Engineering simulation / CAE
Website
cadence.com

Tracked deals

6

6 tracked deals across 2022-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

6 buyout

Cadence Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Cadence. 2 2022 2 2024 1 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Cadence to Acquire Hexagon's Design & Engineering Business (MSC Software)
    February 26, 2026
    Buyer
    Cadence Design Systems, Inc.
    Target
    Hexagon AB - Design & Engineering (D&E) business (including MSC Software)
    Seller
    Hexagon AB
    Industry
    AI & Machine Learning
    Location
    Sweden
    Type
    Buyout

    Cadence (NASDAQ: CDNS) entered into a definitive agreement to acquire Hexagon AB’s Design & Engineering (D&E) business, including MSC Software, for approximately €2.7 billion. The deal is intended to strengthen Cadence’s Intelligent System Design and system analysis portfolio with Hexagon’s multiphysics simulation technologies such as MSC Nastran and Adams.

  • Cadence Acquires Secure-IC
    October 30, 2025
    Buyer
    Cadence Design Systems
    Target
    Secure-IC
    Industry
    Cybersecurity
    Location
    Brittany, France
    Type
    Buyout

    Cadence Design Systems has completed its acquisition of Secure-IC, a provider of embedded security IP, security evaluation tools and related services. The deal enhances Cadence’s embedded cybersecurity capabilities and positions the company to better address security and regulatory requirements across end markets such as automotive, aerospace, data center and IoT.

  • Cadence Design Systems to Acquire BETA CAE Systems for About $1.24 Billion
    March 6, 2024
    Buyer
    Cadence Design Systems
    Target
    BETA CAE Systems International AG
    Industry
    Software
    Location
    Switzerland
    Type
    Buyout

    Cadence Design Systems has entered into a definitive agreement to acquire BETA CAE Systems International AG for approximately $1.24 billion. The deal combines cash and Cadence stock and is expected to close in Q2 2024, subject to regulatory approvals and customary closing conditions.

  • Cadence Design Systems Acquires Invecas
    January 8, 2024
    Buyer
    Cadence Design Systems, Inc.
    Target
    Invecas, Inc.
    Industry
    Engineering Services
    Location
    California, United States
    Type
    Buyout

    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.

  • Cadence Design Systems Acquires OpenEye Scientific
    July 25, 2022
    Buyer
    Cadence Design Systems, Inc.
    Target
    OpenEye Scientific Software, Inc., OpenEye Scientific
    Industry
    Software
    Location
    New Mexico, United States
    Type
    Buyout

    Cadence Design Systems entered into a definitive agreement to acquire OpenEye Scientific Software, a provider of computational molecular modeling and simulation software used in pharmaceutical and biotechnology drug discovery. The deal is valued at approximately $500 million in cash and was expected to close in Q3 2022 (subject to customary conditions). Cadence later announced it completed the acquisition.

  • Cadence Acquires Future Facilities
    July 11, 2022
    Buyer
    Cadence Design Systems, Inc.
    Target
    Future Facilities
    Industry
    Software
    Location
    England, United Kingdom
    Type
    Buyout

    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.

Related Acquisition Pages

Software Buyers & Acquisitions 3 tracked deals by Cadence. AI & Machine Learning Buyers & Acquisitions 1 tracked deal by Cadence. Cybersecurity Buyers & Acquisitions 1 tracked deal by Cadence. Engineering Services Buyers & Acquisitions 1 tracked deal by Cadence. Acquisitions in California 1 tracked deal by Cadence. Acquisitions in New Mexico 1 tracked deal by Cadence.

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