M&A · Tech · Buyer's industry: Services-Prepackaged Software
Cadence Design Systems Inc to acquire OpenEye Scientific Software
Announced Sep 1, 2022 · Closed Sep 1, 2022 · Private target
Deal value$500M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationNot disclosed
Transaction
- Acquirer
- Cadence Design Systems Inc (CDNS)
- Target
- OpenEye Scientific Software
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Sep 1, 2022
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- Not disclosed
- To the target
- Not disclosed
Classification
- Sector
- Tech
- Buyer's industry
- Services-Prepackaged Software