Thanks for visiting Scientific Computing World.

You're trying to access an editorial feature that is only available to logged in, registered users of Scientific Computing World. Registering is completely free, so why not sign up with us?

By registering, as well as being able to browse all content on the site without further interruption, you'll also have the option to receive our magazine (multiple times a year) and our email newsletters.

Ansys acquisition gets thumbs up

Share this on social media:

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.