Dassault Systèmes signed an agreement to acquire all the shares of Exa in the US at the end of September 2017. The tender offer, which represents $400m on a fully-diluted basis, was launched on 12 October 2017. Exa is specialised in solutions that solve fluid problems for customers in the automotive sector essentially, and the aerospace and oil sectors to a lesser extent. The company has a number of major customers in both sectors, such as BMW, Tesla, Toyota in automotive, NASA, Embrae
20 Oct 2017
Acquisition of Exa in simulation software
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Acquisition of Exa in simulation software
Dassault Systemes SA (DSY2:WBO) | 0 0 1.6% | Mkt Cap: 26,981m
- Published:
20 Oct 2017 -
Author:
Hélène Coumes -
Pages:
2
Dassault Systèmes signed an agreement to acquire all the shares of Exa in the US at the end of September 2017. The tender offer, which represents $400m on a fully-diluted basis, was launched on 12 October 2017. Exa is specialised in solutions that solve fluid problems for customers in the automotive sector essentially, and the aerospace and oil sectors to a lesser extent. The company has a number of major customers in both sectors, such as BMW, Tesla, Toyota in automotive, NASA, Embrae