Cadence Acquires Switzerland-Based BETA CAE for $1.24B

Cadence Design Systems Inc. (CDNS) recently completed the acquisition of Switzerland-based BETA CAE Systems International AG, as announced in March 2024. The acquisition, valued at approximately $1.24 billion, involved 60% of the consideration in cash and 40% through the issuance of Cadence stock to BETA CAE shareholders. Headquartered in Lucerne,...

How QRL Is Securing The Blockchain Of The Future

Technological innovation is advancing at a rapid pace, with developments in quantum computing and blockchain technology at the forefront. While these advancements hold great promise for various industries, they also bring new risks that must be addressed. Quantum computing, a field that combines computer science, physics, and mathematics to solve...