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ANSYS, Inc. Signs Definitive Agreement To Acquire Esterel Technologies S.A.


Tuesday, 29 May 2012 07:10am EDT 

ANSYS, Inc. and Esterel Technologies S.A. announced that they signed a definitive agreement whereby ANSYS will acquire Esterel Technologies for a cash purchase price of approximately EUR42 million (or approximately USD53 million. The agreement also includes retention provisions for key members of management and employees. Headquartered in Elancourt, France, Esterel has about 80 employees. The transaction is anticipated to close in the third calendar quarter of 2012. 

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