M&A Deal Summary

ANSYS Acquires C&R Technologies

On October 11, 2022, ANSYS acquired software company C&R Technologies

Acquisition Highlights
  • This is ANSYS’s 25th transaction in the Software sector.
  • This is ANSYS’s 18th transaction in the United States.
  • This is ANSYS’s 1st transaction in Colorado.

M&A Deal Summary

Date 2022-10-11
Target C&R Technologies
Sector Software
Buyer(s) ANSYS
Deal Type Add-on Acquisition

Target

C&R Technologies

Boulder, Colorado, United States
C&R Technologies is a provider of orbital thermal analysis. C&R Technologies provides engineers and researchers with an open platform for maximum flexibility and software customization. C&R Technologies was founded in 1991 and is based in Boulder, Colorado.

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Buyer(S) 1

Buyer

ANSYS

Canonsburg, Pennsylvania, United States

Category Company
Founded 1970
Sector Software
Employees5,600
Revenue 2.1B USD (2022)
DESCRIPTION

ANSYS is a designer and producer of computer-aided engineering software. Its products are used worldwide in developing design solutions for the aerospace, automotive, biomechanics, consumer, electrical/electronics, machinery and power industries. ANSYS was incorporated in 1970 and is based in Canonsburg, Pennsylvania.


DEAL STATS #
Overall 26 of 29
Sector: Software M&A 25 of 25
Type: Add-on Acquisition M&A Deals 26 of 29
State: Colorado M&A 1 of 1
Country: United States M&A 18 of 21
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 Motor Design

Wrexham, United Kingdom

Motor Design focused on developing advanced software tools for electric machine design. The company uses expert knowledge of designing electric motors to provide software support to electric machine designers at some of the most prestigious aerospace, automotive and industrial companies worldwide. It also offers a wide range of consultancy services that cover all aspects of motor design from concept, and performance optimization, to test and prototype development. Motor Design was formed in 1998 and is based in Wrexham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-16 Diakopto

San Jose, California, United States

Diakopto is a provider of differentiated EDA solutions to accelerate integrated circuit (IC) development, Diakopto focuses on helping resolve critical issues caused by layout parasitics. Diakopto is based in San Jose, California.

Buy -