The ANSYS purchase of the Fluent business from Aavid, which was originally delayed by SEC review, has been approved by that commission. ANSYS anticipates concluding the merger by May 1st.
"We are very pleased that we have received clearance and look forward to closing the transaction and implementing our plan," said Jim Cashman, ANSYS President and CEO. "The combination of ANSYS and Fluent will create substantial benefits for our global customers, employees, partners and shareholders, through continued investment and development of innovative products and services, and our commitment to world-class execution."
|
]
