ANSYS, Inc. (NasdaqGS:ANSS) entered into a definitive agreement to acquire business of Dynamore Holding Gmbh on December 6, 2022. The transaction is subject to the satisfaction of customary closing conditions and is expected to close in the first quarter of 2023. The transaction is not expected to have a material impact on Ansys' consolidated financial statements.

Randi Lesnick and Ann Bomberger of Jones Day acted as legal advisor to ANSYS, Inc. in the transaction. Cyrus Deboo, Aurelie Delosieres, Michael Wolff, Anand Parekh and Hampus Bergquist of Keefe, Bruyette & Woods, Inc. acted as financial advisor to DYNAmore Holding GmbH. Volker Kullmann and Brien Wassner of Sidley Austin LLP acted as legal advisor to DYNAmore Holding GmbH.