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New Deal


Announced

Ansys to acquire OnScale.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Digital Services

Private

Acquisition

cloud simulations

Single Bidder

Majority

United States

Pending

Friendly

Synopsis

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Ansys, a software company, agreed to acquire OnScale, a cloud simulation provider. Financial terms were not disclosed. "OnScale's cloud-native technology combines the limitless compute power of cloud supercomputers with an intuitive web-based front end, making simulation accessible to anyone. Knowing that OnScale's technology will now run simulations using Ansys' industry-leading technology is incredibly exciting for me and my team. We are thrilled to be joining the Ansys family," Ian Campbell, OnScale CEO.

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