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ANSYS, Inc. Signs Definitive Agreement To Acquire Esterel Technologies S.A.
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.
Latest Developments for ANSYS Inc
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- Ansys Inc Issues Q1 2013 Guidance Below Analysts' Estimates; Issues FY 2013 Guidance In Line With Analysts' Estimates
- Ansys Inc Issues Q4 2012; FY 2013 Outlook Below Analysts' Estimates; Lowers FY 2012 Revenue Outlook; Narrows FY 2012 EPS Guidance To A Range In Line With Analysts' Estimates
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