Hexagon AB agrees to acquire MSC Software for $834 million

Hexagon AB announced an agreement to acquire MSC Software, a leading provider of CAE simulation software, for an enterprise value of $834 million. MSC had proforma sales of $230 million in 2016 and will operate as an independent business unit within Hexagon's Manufacturing Intelligence division.

“MSC represents a game changer in our mission to deliver actionable manufacturing intelligence.”prnewswire.com

• 2 sources
• prnewswire.comHexagon Enters Into Agreement to Acquire MSC Software, a Leading Provider of CAE (simulation) SoftwareHexagonFeb 2, 2017
• accessnewswire.comHexagon AB Set to Acquire MSC SoftwareMSC Software CorporationFeb 2, 2017

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