Show me the money - the valuation of Apache Design Solutions

Prior to the ANSYS acquisition, Apache (on March 14) had filed a form S-1 with the U.S. SEC (Securities and Exchange Commission), for a proposed IPO (initial public offering) of shares with an estimated value of $75 million. In their June 30 announcement, ANSYS offered to acquire Apache for $310 million in cash. The juxtaposition of those two valuations may have inadvertently implied a 4X increase in the company's valuation to some readers, which is not the case.

Read more from Mike Demler's EE Daily News