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Monday, October 26, 2020

Ansys, which makes software used by aerospace and manufacturing sectors, is acquiring Analytical Graphics, maker of software used in space missions, for $700M (Liana Baker/Bloomberg)

Liana Baker / Bloomberg:
Ansys, which makes software used by aerospace and manufacturing sectors, is acquiring Analytical Graphics, maker of software used in space missions, for $700M  —  - Cash-and-stock deal to boost Ansys's aerospace customer base  — Deal expected to add up to $85 million in non-GAAP revenue



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