CIMdata PLM Industry Summary Online Archive
23 June 2008
Acquisitions
ANSYS Receives SEC Clearance for Ansoft Acquisition
ANSYS, Inc. and Ansoft Corporation announced that 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 June 20, 2008. A special meeting of the Ansoft stockholders to approve the transaction has been set for July 23, 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 $832 million 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 March 31, 2008.
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