Deal snapshot: Cadence to Acquire Computational Molecular Design Specialist OpenEye Scientific for USD 500m.

MANews-(C)2009-2022

San Francisco-based electronic systems design company Cadence Design Systems, Inc. (NASDAQ: CDNS) has agreed to acquire New Mexico-based computational molecular design company OpenEye Scientific Software, Inc. for USD 500m, the company said.

Under the terms of the definitive agreement, Cadence will pay approximately USD 500m in cash. The...

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