Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR

Divesture advances portfolio focus, unlocks value and increases financial flexibilit
Stockholm, Sweden – 4 September 2025 – Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn