ExitValue.ai

M&A TRANSACTION · 2022

OpenEye Scientific Software, Inc. acquired by Cadence Design Systems Inc.

$474.5M· 11.90x revenue

Target

OpenEye Scientific Software, Inc.

Acquirer

Cadence Design Systems Inc.

Strategic buyer

Disclosed financials at time of acquisition

Revenue

$40.0M

EBITDA

Deal Value

$474.5M

EV/EBITDA

Context

This $474.5M acquisition of OpenEye Scientific Software, Inc. by Cadence Design Systems Inc. sits in the healthcare it sub-vertical. Cadence Design Systems Inc. is acquiring as a strategic buyer; see how strategic acquirers typically price healthcare it businesses on our Healthcare It strategic buyer-pool page.

Source

Data sourced from SEC filings and press releases. All figures reflect disclosed values at the time of the acquisition; no estimated or imputed data. Methodology

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Citation: ExitValue.ai. (2022). OpenEye Scientific Software, Inc. acquired by Cadence Design Systems Inc.. https://exitvalue.ai/deals/openeye-scientific-software-inc-acquired-by-cadence-design-systems-inc-hc-2022-0061