Chip design software maker Synopsys, said it would buy Ansys, in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak...
Synopsys seeks to acquire engineering software company Ansys
Synopsys Inc, a maker of software used in chip design, has submitted an offer to acquire Ansys Inc., an engineering software vendor with a market value of $30 billion, people familiar with the matter said on Friday. The...
Synopsys seeks to acquire engineering software company Ansys – sources
Synopsys Inc, a maker of software used in chip design, has submitted an offer to acquire Ansys Inc, an engineering software vendor with a market value of $30 billion, people familiar with the matter said on Friday. The...
BHIVE Group acquires product engineering firm Praemenio
BHIVE Workspace has strengthen its technology platform with its first acquire of a product-engineering firm Praemenio to support its fast-growing coworking and fintech businesses. The transaction comprises a composite...
GG Engineering, Integra Essentia get board approvals to execute merger plan
The board of GG Engineering Ltd has approved a merger plan of the company with Integra Essentia Limited, which is in the steel and renewable energy business. The proposal remains subject to several other necessary...
HCLTech to acquire German engineering firm ASAP Group for $279 million
HCLTech has signed a definitive agreement to acquire a 100 per cent equity stake in ASAP Group, a German automotive engineering services provider, for Euro 251.1 million (about $279 million). The acquisition is expected...
Engineering consultant NV5 Global explores sale
NV5 Global Inc, a U.S. engineering consultant whose business has taken a hit from its exposure to commercial real estate, is exploring a sale, according to people familiar with the matter. NV5 is in the early stages of...
Sachin Tendulkar picks up small stake in AZAD Engineering
Cricket legend Sachin Tendulkar has made an undisclosed strategic investment and picked up a small stake in AZAD Engineering, provider of engineering and technology solutions for global OEMs in the Clean Energy...
Megha Engineering acquires KPSI transmission project from RECPDCL
REC Power Development and Consultancy Limited (RECPDCL), a subsidiary of state-owned REC Limited, has transferred the KPS1 Transmission Ltd project-specific Special Purpose Vehicle (SPV) to Megha Engineering &...
Merger of IT Business and Demerger of Automotive Engineering Business: The Saga of KPIT & Birlasoft
Before 2018, KPIT Technologies Limited had deep expertise in auto engineering and mobility solutions as well as a strong presence in business information technology. The equity shares of KPIT Technologies Limited were...
Apax Partners set to buy up to 40% stake in engineering firm Quest Global
PE Group Apax Partners is all set to acquire a significant minority stake in Quest Global Services, a leading engineering outsourcing firm, after outbidding the only other firm contender The Carlyle Group, said multiple...
Triveni Engineering promoter to sell 7% stake
The promoter of Triveni Engineering Industries Ltd Dhruv Sawhney will pare his stake in the company through a secondary placement. This will comprise 17 million shares or a 7.03% stake in the company at ₹280-285 apiece...