ANSYS Acquires SpaceClaim for $85,000,000

  • Feed Type
  • Date
    5/1/2014
  • Company Name
    SpaceClaim
  • Mailing Address
    150 Baker Ave Ext. Concord, MA 01742 USA
  • Company Description
    SpaceClaim Corporation provides breakthrough mechanical design technology that enhances engineers’ productivity by empowering them to contribute to, consume, and share mechanical designs in 3D digital format.
  • Website
    http://www.spaceclaim.com
  • Transaction Type
    M&A
  • Transaction Amount
    $85,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    ANSYS (ANSS), a global leader and innovator of engineering simulation software, announced today that it has acquired SpaceClaim Corporation, a leading provider of fast and intuitive 3-D modeling software for engineers, for a purchase price of $85 million in cash, plus retention and an adjustment for working capital.