WEISSLAW LLP: Exa Corporation Acquisition May Not Be in the Best Interests of EXA Shareholders

NEW YORK, Oct. 3, 2017

WeissLaw is investigating whether EXA's Board acted to maximize shareholder value prior to entering into the agreement.  Notably, EXA recently reported a 3% year-over-year increase in license revenue, and a 2% year-over-year increase in total revenue in the second quarter of fiscal year 2018.  Additionally, the acquisition of EXA will provide Dassault access to EXA's proven portfolio of Lattice Boltzmann fluid simulation technologies and fully industrialized solutions, which Dassault hopes to scale up to meet its customers' demands.

Given these facts, WeissLaw is investigating whether EXA's Board acted in the best interests of its public shareholders to maximize shareholder value prior to entering into the agreement.  If you own EXA shares and would like more information about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com. 

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/exa-corporation/

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SOURCE WeissLaw LLP