Foley Hoag Advises Exa Corporation in $400M Sale to Dassault Systemes
October 16, 2017
Foley Hoag LLP recently represented computer-aided engineering company Exa Corporation (Nasdaq: EXA) in its $400M sale to French software company Dassault Systèmes.
Located in Burlington, MA, Exa provides software solutions that can simulate a product’s design and predict its real world performance, thereby reducing the need for costly physical prototypes and expensive late-stage design changes. Dassault Systèmes, headquartered in Paris and Boston, MA, provides a 3D virtual platform that analyzes social and usage information to model, simulate and optimize product offerings to best suit customer needs.
Combining the two companies is expected to result in improved customer collaboration, increased engineering and manufacturing productivity, and delivery of innovative new 3D technologies for design, engineering, CAD, modeling, simulation, and data and process management.
Foley Hoag attorneys Joseph Basile, John Patterson, Daniel Clevenger, Robert Sweet, Adrienne Ellman and Gabrielle Bernstein represented Exa in the transaction.
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