M&A Deal Summary

Cadence Acquires Pointwise

On April 15, 2021, Cadence acquired software company Pointwise

Acquisition Highlights
  • This is Cadence’s 34th transaction in the Software sector.
  • This is Cadence’s 42nd transaction in the United States.
  • This is Cadence’s 2nd transaction in Texas.

M&A Deal Summary

Date 2021-04-15
Target Pointwise
Sector Software
Buyer(s) Cadence
Deal Type Add-on Acquisition

Target

Pointwise

Fort Worth, Texas, United States
Pointwise is a provider of mesh generation software for computational fluid dynamics (CFD) applications. Pointwise software is used by expert analysts, primarily in aerospace, to achieve accurate representations of designs for analysis, leading to superior product quality and performance at a reduced engineering cost. Pointwise was founded in 1994 and is based in Fort Worth, Texas.

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Buyer(S) 1

Buyer

Cadence

San Jose, California, United States

Category Company
Founded 1987
Sector Software
Employees12,700
Revenue 4.6B USD (2024)
DESCRIPTION
Entrance to Cadence Design Systems' corporate headquarters in San Jose, California.
Entrance to Cadence Design Systems' corporate headquarters in San Jose, California.

Cadence develops system design enablement solutions that customers use to design whole electronics systems, increasingly small and complex integrated circuits, and electronic devices. Cadence's solutions are designed to help customers reduce the time to bring an electronics system, IC, or electronic device to market and to reduce their design, development, and manufacturing costs. Cadence's product offerings include electronic design automation, software, emulation and prototyping hardware, system interconnect and analysis, and categories of intellectual property referred to as verification IP and design IP. Cadence was founded in 1987 and is based in San Jose, California.


DEAL STATS #
Overall 46 of 54
Sector: Software M&A 34 of 36
Type: Add-on Acquisition M&A Deals 43 of 49
State: Texas M&A 2 of 2
Country: United States M&A 42 of 45
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-20 NUMECA International

Brussels, Belgium

NUMECA International is a provider of computational fluid dynamics (CFD) software, optimization and heat transfer technologies. NUMECA software is used by designers, naval architects, research engineers, and product developers in aerospace, marine, automotive, energy, and power generation, allowing them to reach superior product quality and performance at a reduced engineering cost. NUMECA International was founded in 1993 and is based in Brussels, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Future Facilities

London, United Kingdom

Future Facilities is a simulation software company that believes the successful design and operation of systems, from chip to data center, lies in predicting the impact of change. Future Facilities' unique methodology relies on virtual prototyping and utilizing engineering simulation to assess performance, allowing enterprises to deliver products that are efficient, reliable, and scalable. Future Facilities was founded in 2004 and is based in London, United Kingdom.

Buy -