Morrison Foerster is representing OnScale, Inc., a leading provider of cloud-native, web-based computer aided engineering tools, in its sale to Ansys, Inc. (NASDAQ: ANSS), a global leader in engineering simulation. Terms of the transaction were not disclosed.
OnScale was formed in 2017 as a spin off from global engineering firm Thornton Tomasetti.
The MoFo team advising OnScale was led by San Francisco senior counsel John Campbell and Palo Alto associate Jim Ryan, and included Palo Alto corporate associates Katherine Suzuki and Haley Georgouses and San Francisco corporate associates Kate Tyler and Mingqian Li. The wider team included executive compensation and benefits of counsel Brooke Monahan, Palo Alto employment of counsel Ossie Cousins, Boston privacy partner Julie O’Neill, San Francisco TTG associate Evangeline Phang, and Boston tax associate Kevin Brown.
For further discussion of the transaction, see the press release.