Ansys acquisition gets thumbs up

The Ansys and Ansoft acquisition has been approved by a governing body.

The Securities and Exchange Commission has concluded its review of the Registration Statement on Form S-4 in connection with Ansys' acquisition of Ansoft. 

An amended Form S-4 was filed and became effective on 20 June 2008. A special meeting of the Ansoft stockholders to approve the transaction has been set for 23 July 2008.  

As previously announced, Ansys and Ansoft have entered into a definitive merger agreement in which Ansys will acquire Ansoft for a purchase price of approximately $832m in a mix of cash and Ansys common stock based on the 10-day trailing average closing price of Ansys common stock prior to announcement of the transaction on 31 March 2008.

Twitter icon
Google icon icon
Digg icon
LinkedIn icon
Reddit icon
e-mail icon
Analysis and opinion

Robert Roe looks at research from the University of Alaska that is using HPC to change the way we look at the movement of ice sheets


Robert Roe talks to cooling experts to find out what innovation lies ahead for HPC users

Analysis and opinion