Pittsburgh, PA -- July 25, 1996 -- Ansoft Corp. (San Jose, CA) announced that it has successfully completed the acquisition of the Electronics Business Unit from The MacNeal Schwendler Corp. (MSC) for $5.6 million in cash.
MSC's customers will benefit by gaining access to Ansoft's technology and electromagnetics expertise. Ansoft's customers will benefit through a focus on product development and distribution, as well as an ability to choose solutions. The transition of MSC's electrical and electronics customers to Ansoft is expected to be accomplished through seamless translators, unified product evolution, and pro-active training.
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