Cadence completed BETA CAE deal while Cadence Design Systems stock gains 1.11 percent

Published on 10/09/2026 at 15:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The BETA CAE deal was valued at USD 1.24 billion on October 6, 2026. Cadence Design Systems stock costs EUR 314.88 after EUR 311.43.

Key points in brief

Cadence completed the USD 1.24 billion BETA CAE acquisition on October 6, 2026.
Second-quarter 2026 revenue rose 24.20 percent to USD 1.58 billion, while adjusted earnings per share reached USD 2.11.
Cadence Design Systems stock was trading at EUR 314.88 at Lang & Schwarz on October 9, 2026, up 1.11 percent from EUR 311.43.
The company is scheduled to present third-quarter 2026 results on October 26, 2026.

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Cadence Design Systems (ISIN US1273871087) was trading at EUR 314.88 at Lang & Schwarz on October 9, 2026 at 3:05 p.m. CEST, up 1.11 percent versus the prior close of EUR 311.43. According to AKM on October 8, Cadence had completed the USD 1.24 billion acquisition of BETA CAE Systems International AG on October 6.

Cadence completes a USD 1.24 billion deal

The transaction expands Cadence's multiphysics and structural-analysis portfolio, with BETA CAE bringing software used in automotive, aerospace, industrial and healthcare engineering. AKM reported that USD 744 million, or 60 percent of the consideration, was financed in cash through debt, while the remaining 40 percent was paid through newly issued Cadence shares.

What does the deal add?

The acquisition gives Cadence a broader position beyond chip design, while its latest operating figures show the existing business still growing rapidly. According to Yahoo Finance, second-quarter 2026 revenue rose 24.20 percent year over year to USD 1.58 billion, and adjusted earnings per share increased to USD 2.11 from USD 1.65.

The same report said Cadence raised its fiscal 2026 revenue guidance to USD 6.26 billion-USD 6.34 billion and adjusted earnings per share guidance to USD 8.05-USD 8.15. Its backlog reached USD 8.10 billion, including USD 4.20 billion expected to be recognized over the next 12 months.

Three milestones shape the story

On July 27, 2026, Cadence reported second-quarter revenue of USD 1.58 billion, up 24.20 percent year over year, according to Yahoo Finance. On September 28, 2026, the company expanded its TSMC partnership to support advanced A14 and N2P process technologies, the report said. On October 6, 2026, Cadence completed the BETA CAE transaction for USD 1.24 billion, as reported by AKM.

Upcoming results date

Cadence will host its third-quarter 2026 financial results webcast on October 26, 2026, according to the company's investor release. Management's guidance for third-quarter revenue is USD 1.595 billion-USD 1.625 billion.

Stock gains 1.11 percent in trading

Cadence Design Systems stock was trading at EUR 314.88 at Lang & Schwarz on October 9, 2026 at 3:05 p.m. CEST, up 1.11 percent versus the EUR 311.43 prior close of October 8, 2026. The primary listing is Nasdaq, where the quoted currency is USD; the latest 52-week range was USD 262.75 to USD 416.69, and market capitalization was USD 96.1 billion as of October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of Cadence Design Systems stock.