Livermore tech company sold for $775M | Town Square | PleasantonWeekly.com |

Town Square

Post a New Topic

Livermore tech company sold for $775M

Original post made on Dec 9, 2019

Livermore Software Technology Corp. was sold to ANSYS, Inc. for $775 million, with 60% paid in cash and 40% through the issuance of ANSYS restricted stock to shareholders of LSTC, in a transaction that closed last month.

Read the full story here Web Link posted Sunday, December 8, 2019, 6:45 PM

Comments (1)

2 people like this
Posted by Ridgerunner
a resident of Pleasanton Heights
on Dec 9, 2019 at 10:38 am

Congratulations. Good to see what appears to be a company of substance sold for a high price rather than a dot com or fake tech as usually is the case in Silicon Valley. I hope this is a good outcome for the founders.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Sorry, but further commenting on this topic has been closed.

Get fact-based reporting on the COVID-19 crisis sent to your inbox daily.

Rest in peace Senor Bob Athenour
By Tim Hunt | 2 comments | 1,098 views

I’ve Been Diagnosed with Essential Tremor (ET)
By Chandrama Anderson | 1 comment | 676 views