Cadence to buy analysis platform BETA CAE Systems for $1.24 billion-February 2024-www.financetom.com

Cadence to buy analysis platform BETA CAE Systems for $1.24 billion

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Cadence to buy analysis platform BETA CAE Systems for $1.24 billion

Mar 5, 2024 6:29 AM

March 5 (Reuters) - Cadence Design Systems ( CDNS ) will

buy analysis platform provider BETA CAE Systems International AG

for $1.24 billion in cash and stock, the software firm said on

Tuesday.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Devika

Syamnath)

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