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  • June 30th, 2011

    ANSYS Acquires Apache Design Solutions For $310 Million In Cash

    ANSYS, which offers simulation software and technologies designed to optimize product development processes, has agreed to acquire Apache Design Solutions, a simulation software provider for low power solutions in the electronics industry. The purchase price is approximately $310 million in cash. The price includes an estimated $29 million in cash on Apache’s balance sheet. ANSYS intends to fund… → Read More