(NASDAQ:CDNS) SAN JOSE, Calif.--(BUSINESS WIRE)--Cadence (Nasdaq: CDNS) today announced it has entered into a definitive agreement to acquire the Design & Engineering (“D&E”) business of Hexagon AB, which includes its MSC Software business—a pioneer in engineering simulation and analysis solutions. This acquisition accelerates Cadence’s Intelligent System Design™ strategy, significantly expanding the Cadence® System Design & Analysis portfolio and reinforcing its commitment to delivering comprehe
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How will the acquisition impact Cadence's near‑term earnings per share and valuation metrics?
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How will this deal affect Cadence's market share and competitive positioning in the physical AI and system design & analysis market?