- In March 2024, Cadence Design Systems, Inc. announced the acquisition of BETA CAE Systems International AG, a key player in system analysis platforms for automotive simulation. This move aims to enhance Cadence’s Intelligent System Design strategy by integrating BETA CAE’s proven technologies and simulation expertise. The acquisition is expected to strengthen Cadence’s portfolio and accelerate innovation in virtual vehicle design and testing, providing greater value to automakers through improved development efficiency.
- In June 2022, NI completed the acquisition of monoDrive, a specialist in ultra-high fidelity simulation software for advanced driver-assistance systems and autonomous vehicle development. This strategic move expands NI’s capabilities in the simulation and ADAS segments, enabling transportation clients to accelerate the creation, validation, and deployment of safer autonomous driving technologies. The acquisition reinforces NI’s position in the automotive sector and supports the industry's transition toward intelligent mobility solutions.
