Orange County Register

MSC Software Corp., a Santa Ana company that makes software to simulate new products, said today that it has received an offer from an unnamed private equity firm to buy MSC for $360 million.

That $8-per-share offer, according to MSC’s board,  is higher than a July 7 offer of $7.63 a share from Symphony Technology Group, a private equity firm, and its subsidiary, Maximus Holdings.

MSC’s board has notified Symphony of the intent to end their previously signed merger agreement and enter an agreement with the new bidder. Symphony has until by Sept. 15 to respond.

Other acquisition news…

• O.C. company is sold for $400 million
• Shooting champ saves outdoor retailer from bankruptcy
• O.C. animation firm sold
• O.C. drug company receives $4 million
• O.C. chipmaker gets $4 million in N.Y. deal
• Local company pays $14.5 million for fuel technology
• Balboa Bay Racquet Club has new owner
• Q2 investment in O.C. firms plunges 65%

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