3D Printing Stocks M&A » By The Online Investor Staff, updated Wed., Apr. 14, 3:28 PM
Recent mergers and acquisitions in the 3D Printing Stocks M&A category.
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Slide #16. ANSYS — Reaction Design
Acquirer:
ANSYS (NASDAQ:ANSS)
Acquiree:
Reaction Design
Details:
ANSYS (Nasdaq:ANSS), a global leader and innovator of engineering simulation software, announced today that it has completed the acquisition of Reaction Design, a leading developer of chemistry simulation software. The Company will provide further details regarding the transaction and its impact on the 2014 financial outlook at the time of its 2013 year-end earnings announcement.
ANSYS develops and markets engineering simulation software and services used by engineers, designers, researchers and students across a spectrum of industries and academia, including aerospace and defense, automotive, electronics, semiconductors, energy, materials and chemical processing, turbomachinery, consumer products, healthcare, and sports. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a platform for product development, from design concept to final-stage testing and validation. Co.'s product portfolio include ANSYS Workbench™, a framework upon which Co.'s suite of engineering simulation technologies is built.
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Avg. Broker Rec.
 
|
Hold (2.40 out of 4) 5th percentile
(ranked lower than approx. 95% of all stocks covered)
Analysts' Target Price: ANSS Stock Forecast Based on Zacks ABR data; powered by Xignite |
