Tech Company M&A Transactions
SpaceClaim Acquisition
Headquartered in Concord, SpaceClaim was bought by Ansys. Ansys said the transaction price was $85 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/1/2014
Transaction Type
M&A
Amount
$85,000,000
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.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
150 Baker Ave Ext.
Concord, MA 01742
USA
Concord, MA 01742
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Randles
Chief Financial Officer
Gregory Stott
VP - Bus. Development
Rich Moore
VP - R & D
Daniel Dean
VP - Sales
Steve Costello
VP - Sales
Stig Jensen
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