Commission approval of proposed divestiture: The Commission has approved an action related to the final decision and order concerning MSC.Software Corporation (MSC), as detailed below. In August 2002, MSC agreed to settle FTC allegations that its 1999 acquisitions of Universal Analytics, Inc. (UAI) and Computerized Structural Analysis & Research Corp. (CSAR) violated federal antitrust laws by eliminating competition and monopolizing the market for advanced versions of Nastran, an engineering simulation software program used most widely in the aerospace and automotive industries. The resulting decision and order of the Commission became final in October 2002.
Through the action announced today, the Commission has approved MSC's petition, filed in December 2002, for approval to divest the "Assets To Be Divested" (as that term is defined in the decision and order) to Unigraphics Solutions, Inc., a wholly owned subsidiary of Electronic Data Systems. Under the terms of the decision and order, MSC is required to divest, among other things, a perpetual, royalty-free, non-exclusive license to MSC's advanced version of Nastran that was current as of August 14, 2002, and to license all of the intellectual property that MSC acquired through its acquisition of UAI and CSAR.
The Commission vote approving the proposed divestiture was 4-0, with Commissioner Thomas Leary recused. (FTC Docket No. D09299, staff contact is Rendell A. Davis, Jr., Bureau of Competition, 202-326-2894; see press releases dated October 10, 2001; August 14, 2002; and January 3 and May 23, 2003.)Copies of the documents mentioned in this release are available from the FTC's Web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.