For the period between current CEO Axel Berntsson's departure (21 January 2025) and new CEO Anders Hülse's start (latest by 1 June 2025), the Board of Absolent Air Care Group AB...
Hexagon announces organisational updates and further details around the potential spin-off of Octave
Hexagon
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2025
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09
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15
STOCKHOLM, SWEDEN, 15 SEPTEMBER 2025
· Ben Maslen and Tony Zana to be appointed to the Octave executive team as Chief Financial Officer and Chief Legal Officer & Corporate Secretary, respectively
· Andreas Wenzel and Thomas De Muynck to be appointed to the Hexagon executive team, as Chief Strategy Officer and Chief Legal Officer, respectively
· Board confirms duration of anticipated Octave Swedish Depository Receipt programme
· Plans to amend Hexagon AB divisional financial disclosures to present Octave as one entity from the third quarter of 2025
Leadership appointments
The
Hexagon agrees sale of Design & Engineering business to Cadence for 2.7bn EUR
Hexagon
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2025
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09
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04
Divesture advances portfolio focus, unlocks value and increases financial flexibilit
Stockholm, Sweden – 4 September 2025 - Hexagon AB today announced that it has entered into a definitive agreement to sell its Design & Engineering business (“D&E”), which includes the business formerly known as MSC Software, to Cadence Design Systems, Inc. The transaction is consistent with Hexagon’s ongoing portfolio strategy to create focused market leading positions and sharpen future investment behind core business areas. Under the terms of the definitive agreement, Cadence will pay approximately 2.7bn