Hoge Fenton Represents LSTC in $775M Acquisition to ANSYS
By | 12.13.2019 | Client Alerts
Hoge Fenton is pleased to have represented engineering software product provider Livermore Software Technology Corporation (LSTC), in its $775 million sale to ANSYS Inc. (NASDAQ: ANSS), an engineering simulation software developer.
This is the largest deal in our firm’s history. The Hoge Fenton legal team was led by shareholder Steven D. Siner and included shareholders Lloyd A. Schmidt and Sean A. Cottle, counsel Darlene D. Chiang, associate Tanya Falleiro Cox, and paralegals Ginger G. Thornell and Rosie Gomes-Harr.
“Looking back on the acquisition, choosing Hoge Fenton to represent our company was one of the best moves we made,” said John O. Hallquist, founder and CEO of LSTC. “Their strategic advice, depth and breadth of experience, and responsiveness were instrumental in concluding the deal on a tight timeline and to the satisfaction of all parties.”
Steven D. Siner, Hoge Fenton shareholder and client team lead, added: “We are results-driven and pride ourselves on providing exceptional service. The group of talented attorneys who work on our team exemplify the sophisticated, efficient, and full-service representation we strive to give all of our clients. The size and complexity of this transaction and the fact that it was done in record time demonstrate our commitment to these values. We congratulate both LSTC and ANSYS, as the combined companies will continue to provide state-of-the-art simulation solutions to customers around the globe.”
About Hoge Fenton
Hoge Fenton is a world-class law firm headquartered in Silicon Valley, with offices in Downtown San Jose and Pleasanton. It provides trusted advice and advocacy representation for public and privately held companies both locally and abroad. The firm takes pride in being the smart alternative to Big Law; its clients receive top quality, efficient, and responsive legal services.