MSC Software

MSC Software is referenced in Hexagon's September 2025 announcement as the business formerly known as MSC Software, included within Hexagon's Design & Engineering (D&E) business. Hexagon acquired MSC in 2017 and has been transitioning the business to a subscription model. On 4 September 2025, Hexagon AB announced a definitive agreement to sell its D&E business, which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. for approximately 2.7bn EUR, with 30% of the consideration paid through the issuance of Cadence common stock to Hexagon AB and the remainder in cash. Hexagon describes the D&E business as a leading provider of mission critical CAE software solutions.

MSC Software is referenced in Hexagon's 4 September 2025 press release as the business formerly known as MSC Software, which is included in Hexagon's Design & Engineering (D&E) business. Hexagon states that it acquired MSC in 2017 and has since been successfully transitioning the business to a subscription model. On 4 September 2025, Hexagon AB announced that it had entered into a definitive agreement to sell its D&E business, which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. Under the terms of the agreement, Cadence will pay approximately 2.7bn EUR, with 30% of the consideration to be paid through the issuance of Cadence common stock to Hexagon AB and the remainder in cash. Hexagon describes the D&E business as a leading provider of mission critical CAE software solutions.

1. 1Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR | Hexagonhexagon.com