{"schema_version":"secwatch.filing_event.v1","accession":"0000813672-25-000126","form_type":"8-K","ticker":"CDNS","cik":"0000813672","company_name":"CADENCE DESIGN SYSTEMS INC","filed_at":"2025-09-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.432452+00:00","generated_at":"2026-05-17T08:24:21.039251+00:00","sec_items":["1.01","3.02"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Cadence to acquire Hexagon design & engineering unit for €2.70B","bullets":["Enterprise value of €2.70B; €1.89B in cash plus ~€810M in Cadence common stock.","Stock consideration based on 20-day VWAP of Cadence stock prior to close, converted to euro.","Closing expected in Q1 2026, subject to antitrust and foreign investment approvals.","Reverse termination fee of up to €175M payable if deal blocked by regulators.","Cash consideration to be funded from cash on hand and existing debt facilities."],"urls":{"canonical":"https://secwatch.observer/filing/0000813672-25-000126","json":"https://secwatch.observer/filing/0000813672-25-000126.json","markdown":"https://secwatch.observer/filing/0000813672-25-000126.md","text":"https://secwatch.observer/filing/0000813672-25-000126.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/813672/000081367225000126/0000813672-25-000126-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/813672/000081367225000126/cdns-20250904.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:24:21.039251+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}