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Ansoft Shareholders OK ANSYS Deal

Written by Administrator
Friday, 25 July 2008
PITTSBURGH -- Ansoft Corp.'s stockholders have voted to adopt and approve the merger agreement under which ANSYS Inc. would acquire the EDA company for $16.25 in cash and 0.431882 shares of ANSYS common stock per Ansoft share. The closing has been scheduled for July 31, 2008. Dr. Zoltan J. Cendes, founder, chairman and chief technology officer of Ansoft will join ANSYS' board following the closing.

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