# 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.

- Type: Acquisition
- Announced: 2017-02-02
- Where: Newport Beach, California, United States
- Value: $834.0M
- Status: announced
- Products: computer-aided engineering (CAE) simulation software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hexagon](https://endata.com/companies/4481.md) (acquirer)
- [MSC Software](https://endata.com/companies/16705.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hexagon-enters-into-agreement-to-acquire-msc-software-a-leading-provider-of-cae-simulation-software-300401099.html), 2017-02-02: "MSC represents a game changer in our mission to deliver actionable manufacturing intelligence."
- [accessnewswire.com](https://www.accessnewswire.com/newsroom/en/business-and-professional-services/hexagon-ab-set-to-acquire-msc-software-454183), 2017-02-02: "MSC represents a game-changer in our mission to deliver actionable manufacturing intelligence."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.