ANSYS Strikes Apache Deal
ANSYS Inc., the listed, Pennsylvania-based engineering simulation software developer, will acquire San Jose, Calif.-based Apache Design Solutions Inc. for $310 million. In connection with the transaction, Deutsche Bank Securities Inc. is acting as exclusive financial advisor to Apache, and O'Melveny & Myers LLP (Menlo Park office) is acting as legal counsel. BofA Merrill Lynch is acting as ANSYS' financial advisor and ANSYS retained Goodwin Procter LLP as its legal advisor.
30 June 2011•4 mins read
