Chip design software maker Cadence agrees to acquire Stockholm-based Hexagon’s design and simulation software business for ~$3.18B in cash and stock (Nathan Owens/Manufacturing Dive)

Nathan Owens / Manufacturing Dive:
Chip design software maker Cadence agrees to acquire Stockholm-based Hexagon's design and simulation software business for ~$3.18B in cash and stock  —  The acquisition would bolster the industrial software maker's position in the growing structural analysis market used widely by Boeing, Lockheed Martin, Toyota and other suppliers.