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Cadence Design Systems raised its 2026 revenue forecast to $6.13–$6.23 billion on strong AI-driven demand for chip-design tools, while lowering EPS guidance due to costs from integrating its €2.7 ...
Sept 4 (Reuters) - Cadence Design (CDNS.O), opens new tab said on Thursday it will buy the design and engineering business of Stockholm-based Hexagon AB (HEXAb.ST), opens new tab for 2.7 billion euros ...
Hexagon plans to use the proceeds for general corporate purposes, which may include reducing debt and funding future acquisitions. The divested Design & Engineering unit contributed approximately €265 ...
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