BELTSVILLE, MD.—Congratulations to Womble Bond Dickinson client DfR Solutions! The Womble Bond Dickinson client recent completed a successful acquisition by ANSYS. DfR Solutions is the developer of Sherlock, the industry's only automated design reliability analysis software.
Womble Bond Dickinson attorneys Newt Fowler, Brian Meltzer and Susan Kim represented DfR Solutions in all aspects of structuring, documenting and negotiating this complex transaction.
Using DfR Solutions’ Sherlock software, customers can quickly build and study 3D models of electronic assemblies, resulting in significant cost and time savings. Their customers include companies in the avionics and aerospace, automotive, consumer electronics, industrial, medical, defense and telecommunications industries. DfR Solutions is based in Beltsville, Md.
In a statement, DfR Solutions CEO Craig Hillman said, “We're incredibly excited to become part of the ANSYS family. ANSYS and DfR Solutions share a vision of democratizing the process of electronics design by bringing powerful, analytical tools to every engineer involved in electronic hardware. ANSYS brings industry-leading electronic simulation capabilities while DfR’s Sherlock extends the value of simulation by clearly quantifying the real-world cost of design and material selection decisions. This acquisition brings the entire design workflow, from functional block to change management, to the customers of both organizations.”
Click here to read the official press release on the acquisition from ANSYS.
Newt Fowler advises the firm’s clients on structuring and executing mergers and acquisitions, private equity & venture capital financing, and technology transactions. He has extensive experience representing technology companies and other growth companies as well as private equity and venture capital firms.
Brian Meltzer practices in the area of corporate law with a focus on mergers and acquisitions, private equity & venture capital financing, and general corporate governance. He has experience representing private equity groups, venture capital groups, investors and investment firms, and public and private companies.
Susan Kim advises clients on a broad range of corporate issues, including entity formation, organization and governance. She also provides guidance on negotiating and drafting transactional documents and commercial agreements. In addition, she advises clients on issues related to corporate mergers, acquisitions and reorganizations.