financetom
Business
financetom
/
Business
/
Cadence Design to buy Hexagon's design and engineering unit for $3.16 billion
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cadence Design to buy Hexagon's design and engineering unit for $3.16 billion
Sep 4, 2025 1:53 PM

Sept 4 (Reuters) - Cadence Design ( CDNS ) said on

Thursday it will buy the design and engineering business of

Stockholm-based Hexagon AB for 2.7 billion euros ($3.16

billion).

($1 = 0.8542 euros)

(Reporting by Juby Babu in Mexico City; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
NatWest's Q1 Earnings, Revenue Fall
NatWest's Q1 Earnings, Revenue Fall
Apr 26, 2024
07:20 AM EDT, 04/26/2024 (MT Newswires) -- NatWest Group ( NWG ) reported Q1 earnings Friday of 10.4 pence per diluted share, down from 13.2 pence a year earlier. Analysts polled by Capital IQ expected 10 pence. Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income was 3.48 billion pounds, compared...
LyondellBasell Industries Q1 Non-GAAP Earnings, Revenue Fall
LyondellBasell Industries Q1 Non-GAAP Earnings, Revenue Fall
Apr 26, 2024
07:23 AM EDT, 04/26/2024 (MT Newswires) -- LyondellBasell Industries ( LYB ) reported Q1 non-GAAP earnings Friday of $1.53 per diluted share, down from $2.50 a year earlier. Analysts polled by Capital IQ expected $1.37. Revenue for the quarter ended March 31 was $9.93 billion, down from $10.25 billion a year earlier. Analysts surveyed by Capital IQ expected $9.64 billion....
Avantor's Q1 Adjusted Earnings, Net Sales Fall
Avantor's Q1 Adjusted Earnings, Net Sales Fall
Apr 26, 2024
07:18 AM EDT, 04/26/2024 (MT Newswires) -- Avantor ( AVTR ) reported Q1 adjusted earnings Friday of $0.22 per share, down from $0.29 a year earlier. Analysts polled by Capital IQ expected $0.20. Net sales for the quarter ended March 31 were $1.68 billion, down from $1.78 billion a year earlier. Analysts polled by Capital IQ expected $1.68 billion. The...
Falcon Oil & Gas Narrows 2023 Net Loss; Provides Update on Shenandoah South-1H Well
Falcon Oil & Gas Narrows 2023 Net Loss; Provides Update on Shenandoah South-1H Well
Apr 26, 2024
07:20 AM EDT, 04/26/2024 (MT Newswires) -- Falcon Oil & Gas ( FOLGF ) on Friday reported a narrower net loss in 2023. The loss came in at US$3.3 million, or a loss of US$0.003 per share, narrowing from a loss of US$4 million, or a loss of US$0.004 per share, in 2022. Cash and cash equivalents at the end...
Copyright 2023-2026 - www.financetom.com All Rights Reserved