ANSYS to Close Ansoft Acquisition in Q3
Published: 20 May 2008
by Staff
The company had previously announced that the acquisition would be completed by the second quarter.
Ansoft develops EDA simulation software used in electronic design. While Ansoft currently has a relatively small presence in Europe, ANSYS’ reports that its greater market share in the region will position the company to increase sales of Ansoft software products in the EU.
When acquired, the combined companies will reportedly have over 40 sales offices and 21 development centers on three continents, and will employ approximately 1,700 people.
When acquired, the combined companies will reportedly have over 40 sales offices and 21 development centers on three continents, and will employ approximately 1,700 people.
