---
schema_version: "secwatch.filing_event.v1"
accession: "0000813672-22-000044"
form_type: "8-K"
ticker: "CDNS"
cik: "0000813672"
company_name: "CADENCE DESIGN SYSTEMS INC"
filed_at: "2022-09-01T23:59:59+00:00"
generated_at: "2026-06-23T18:12:28.431825+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cadence completes acquisition of OpenEye Scientific Software for drug discovery software

## Summary
- Acquisition of OpenEye Scientific Software closed on August 31, 2022.
- OpenEye provides computational molecular modeling and simulation software for drug discovery.
- Funded by cash on hand and borrowings under Cadence's senior unsecured revolving credit facility.
- No purchase price or financial guidance disclosed in the filing.

## SEC filing metadata
- accession: 0000813672-22-000044
- form_type: 8-K
- ticker: CDNS
- cik: 0000813672
- company_name: CADENCE DESIGN SYSTEMS INC
- filed_at: 2022-09-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/813672/000081367222000044/0000813672-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/813672/000081367222000044/cdns-20220831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000813672-22-000044
- JSON: https://secwatch.observer/filing/0000813672-22-000044.json
- Plain text: https://secwatch.observer/filing/0000813672-22-000044.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.