Cadence completes acquisition of BETA CAE to expand its multiphysics system analysis suite
Acquiring Company
Cadence
Acquired Company
BETA CAE Systems International AG
San Jose
RootManufacturingInformation TechnologySoftwareMobileHealth CareManufacturingDescription
Cadence Design Systems, Inc. has successfully completed the acquisition of BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions. This strategic acquisition will accelerate Cadence’s Intelligent System Design™ strategy by expanding its multiphysics system analysis suite with highly complementary products, enabling Cadence to offer a more comprehensive portfolio to its customers.
Quick answer
Cadence is acquiring BETA CAE Systems International AG, announced June 3, 2024. Cadence is based in San Jose, California, United States.
- How much did Cadence pay for BETA CAE Systems International AG?
- The deal value was not disclosed.
- What does Cadence do?
- Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital.
- Where are Cadence and BETA CAE Systems International AG based?
- Cadence is based in San Jose, California, United States. BETA CAE Systems International AG is based in Root, Lucerne, Switzerland.
- Who are the decision-makers at Cadence?
- Fundz holds 3 contacts at Cadence. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- LSL Pharma Group Inc. completes acquisition of Virage Santé to expand contract development and manufacturing activities (June 18, 2024)
- BD acquires Edwards Lifesciences' Critical Care Product Group for $4.2 Billion to enhance smart connected care solutions, $4.2B (June 3, 2024)
- Bpifrance and Mubadala Investment Company acquire minority stake in SOCOTEC from Cobepa (May 16, 2024)
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Frequently asked
Who acquired BETA CAE Systems International AG?
BETA CAE Systems International AG was acquired by Cadence, based in San Jose. The deal was reported on June 3, 2024. Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital. Cadence is privately held and operates in Manufacturing.
When did Cadence acquire BETA CAE Systems International AG?
Cadence's acquisition of BETA CAE Systems International AG was reported on June 3, 2024. Cadence Design Systems, Inc. has successfully completed the acquisition of BETA CAE Systems International AG, a leading provider of multi-domain, engineering simulation solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BETA CAE Systems International AG do?
BETA CAE Systems International AG is a leading provider of multi-domain engineering simulation solutions with a strong footprint in the automotive vertical sector, and at leading companies in the aerospace, industrial, and healthcare industries. It is privately held, operating in Manufacturing, and is based in Root.
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