![]() MI's main businesses are in the automotive, aerospace, machinery, consumer electronics and other discrete manufacturing markets, and is increasingly focused on offering end-to-end solutions in these workflows. In a concurrent announcement confirming the agreement, MSC Software stated that it will continue to run as an independent business unit within Hexagon's Manufacturing Intelligence (MI) division. The acquisition is subject to clearance and standard regulatory filings and is expected to be complete in April of 2017. The agreed-upon purchase price is $834 million. based provider of computer-aided engineering solutions such as simulation software. Sweden-based information technologies provider Hexagon AB has announced an agreement to acquire MSC Software Corp., the Newport Beach, Calif.
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