Acquiring Company
Cadence
Acquired Company
OpenEye Scientific
Description
Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has completed the acquisition of OpenEye Scientific Software, Inc. (“OpenEye”). The addition of OpenEye’s technologies and experienced team accelerates the Cadence® Intelligent System DesignTM strategy by extending Cadence’s computational software core competency to molecular modeling and simulation that is targeted to life sciences.
Quick answer
Cadence is acquiring OpenEye Scientific, announced September 1, 2022. Cadence is based in San Jose, California, United States.
- How much did Cadence pay for OpenEye Scientific?
- The deal value was not disclosed.
- What does Cadence do?
- Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital.
- Where are Cadence and OpenEye Scientific based?
- Cadence is based in San Jose, California, United States.
- Who are the decision-makers at Cadence?
- Fundz holds 3 contacts at Cadence. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Cadence, and when
When Cadence changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired OpenEye Scientific?
OpenEye Scientific was acquired by Cadence, based in San Jose. The deal was reported on September 1, 2022. Cadence is a pioneering health technology company helping the nation’s most patient-centric health systems deliver world-class care outside of the four walls of the hospital. Cadence is privately held and operates in Manufacturing.
When did Cadence acquire OpenEye Scientific?
Cadence's acquisition of OpenEye Scientific was reported on September 1, 2022. Cadence Design Systems, Inc. (Nasdaq: CDNS) announced today that it has completed the acquisition of OpenEye Scientific Software, Inc. (“OpenEye”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OpenEye Scientific do?
Molecular modeling and cheminformatics software tools built in the cloud to accelerate lead discovery and optimization in drug development. It is privately held.
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