ANSYS

ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. It operates through the following geographical segments: Americas, Europe, Middle East and Africa, and Asia-Pacific. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

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ANSYS surpasses Q4 targets, eyes sustainable growth and innovation

ANSYS' exceptional Q4 performance and achievement of long-term financial goals underscore its market strength and growth potential.
While facing challenges like revenue recognition volatility and margin impact from acquisitions, the company's strategic focus and strong fundamentals position it well for the future.
Opportunities in diverse industries, sustainability initiatives, and technological advancements offer ANSYS avenues for continued innovation and market leadership.
With robust guidance for 2023 and a focus on solving complex problems, ANSYS is poised for sustained growth, supported by strong operating leverage and disciplined investments.

ANSYS exceeds Q1 expectations, raises guidance amidst market uncertainties

ANSYS reported outstanding Q1 results, surpassing expectations and raising full-year guidance. The company's strengths lie in diversified revenue growth, strategic partnerships, and a focus on innovation. While facing challenges related to macroeconomic uncertainties, ANSYS is well-positioned to leverage opportunities in high-performance computing, AI/ML technologies, and domain-specific applications.

ANSYS surpasses Q2 expectations, focuses on sustainability and partnerships

ANSYS reported outstanding Q2 results, exceeding expectations and raising full-year guidance. The company's emphasis on sustainability, strong partnerships, and recognition for environmental efforts position it well for continued growth. Challenges include uncertainties in the tech ecosystem impact and revenue recognition anomalies.

ANSYS overcomes China hurdles, raises guidance, eyes sustainable growth

ANSYS navigated China challenges to deliver a strong quarter, showcasing resilience and growth in key industries. The company's focus on sustainability, innovation, and global demand positions it well for future success. Despite short-term hurdles, ANSYS remains optimistic about overcoming challenges and achieving long-term growth targets.

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ANSYS, Inc. engages in the development and marketing of engineering simulation software and services. The firm's solutions include automotive, aerospace and defense, construction, energy, materials and chemical processing, autonomous engineering, and electrification. The company was founded by John A. Swanson in 1970 and is headquartered in Canonsburg, PA.

PITTSBURGH, Oct. 14, 2021 /PRNewswire/ -- / Key Highlights Ansys Forming meets multiple metal stamping needs within one platform The advanced software empowers early stage and detailed design configurations The product provides the fastest solve time for method and die shop engineers Ansys Forming uses Ansys LS-DYNA as its trusted solver, ensuring predictive accuracy Ansys (NASDAQ: ANSS) will release its first metal stamping simulation software in January, an all-inclusive product equipped to meet industry needs within one platform. With Ansys LS-DYNA as its solver, Ansys Forming provides predictive accuracy and a streamlined workflow to digitally design, simulate, and validate sheet metal forming throughout the metal manufacturing process.

Ansys Will Transform Metal Stamping Through Launch of Ansys Forming

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PITTSBURGH, Oct. 6, 2021 /PRNewswire/ --   / Key Highlights New scalable, cloud-based solution provides MFi developers with streamlined certification for SAR (Specific Absorption Rate) The solution reduces costs by eliminating the need for physical prototypes or expensive radio frequency (RF) safety certification software Apple collaborated with Ansys (NASDAQ: ANSS) to launch the first-of-its-kind RF safety testing simulation solution for Apple's MagSafe module technology developers. The novel technology eliminates the need for physical prototypes and expensive RF safety certification software —reducing costs while simultaneously accelerating the certification process for developers.

Ansys and Apple Develop the First Cloud-based RF Safety Testing Simulation Solution for MagSafe module MFi Developers

PITTSBURGH, Oct. 5, 2021 /PRNewswire/ -- / Key Highlights Autodesk Fusion 360 extension will provide fast, predictively accurate insight, helping designers achieve first-pass success in Printed Circuit Board (PCB) design The extension will increase consumer product designers' and engineers' electromagnetic analysis accessibility Introducing simulation earlier in the design process will empower design teams to explore and validate new PCB designs more quickly and accelerate the development of next-generation smart products Ansys (NASDAQ: ANSS) and Autodesk are collaborating on a Printed Circuit Board (PCB) extension, marking Autodesk Fusion 360's first third-party extension. The extension aligns with the companies' shared vision to increase consumer product designers' and engineers' access to electromagnetic analysis.

Ansys and Autodesk to Deliver Fusion 360 PCB Extension

Rockwell Automation

Rockwell Automation's (ROK) deal with Ansys will provide automation and process engineers new ways to use simulation for fortifying the company's industrial operations with its Studio 5000 Simulation Interface.

Rockwell Automation (ROK), Ansys Team to Boost Industrial Operations

Its Platform is Vital in the Design of New Products

This Obscure Software Company's Addressable Market Will Triple in the Next Decade

Rockwell Automation Inc's (NYSE: ROK) enhanced Studio 5000 Simulation Interface now connects with Ansys, Inc. (NASDAQ: ANSS) digital twins. The latest release of the tool expands that connectivity to Ansys Twin Builder, a software used to create simulation-based digital twins or digital replicas of physical assets.

Rockwell Automation, Ansys Partner To Improve Industrial Operations

PITTSBURGH, Sept. 14, 2021 /PRNewswire/ --  Key Highlights Rockwell Automation's latest release of Studio 5000 Simulation Interface now connects to Ansys Twin Builder The expanded connectivity enables engineering teams to implement simulation-based digital twins, unlocking an extensive range of insights that can improve system design, performance and maintenance Ansys (NASDAQ: ANSS) and Rockwell Automation are expanding digital twin connectivity to industrial control systems, enabling users to optimize the design, deployment, and performance of industrial operations.

Ansys and Rockwell Automation Optimize Industrial Operations with Expanded Digital Twin Connectivity

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation and Ansys Partner to Optimize Industrial Operations

Rockwell Automation and Ansys Partner to Optimize Industrial Operations

Ansys (ANSS) reported earnings 30 days ago. What's next for the stock?

Ansys (ANSS) Down 1.4% Since Last Earnings Report: Can It Rebound?

PITTSBURGH , Sept. 1, 2021 /PRNewswire/ -- / Key Highlights Ansys and SBC&S Corp. (SBC&S) signed a value-added distributor agreement enabling SBC&S to sell most Ansys products to its robust partner network in Japan The agreement adds industry leading simulation to SB C&S's solution portfolio and increases accessibility to Ansys technology Ansys (NASDAQ: ANSS) and SB C&S signed an agreement to expand the distribution of Ansys products in Japan.

Ansys Expands Market in Japan with Improved Reach to Small and Medium-sized Businesses

ANSYS' (ANSS) acquisition of Zemax is expected to bolster its position in the fast-growing optical imaging and optical design software market.

ANSYS (ANSS) Set to Takeover Zemax: Major Takeaways

STOCKHOLM, Aug. 30, 2021 /PRNewswire/ -- EQT is pleased to announce that EQT Private Equity, through the EQT Mid Market US fund, has agreed to sell Zemax ("the Company") to Ansys (NASDAQ: ANSS). Founded in 1990, Zemax helps the world's leading brands and institutions design optical systems for a broad range of applications by streamlining the workflow and communication among optical, mechanical and manufacturing engineers.

EQT Private Equity to sell Zemax

PITTSBURGH , Aug. 30, 2021 /PRNewswire/ -- / Key Highlights Ansys to acquire Zemax, LLC, a leader in high-performance optical imaging system simulation Acquisition will expand the Ansys portfolio to provide comprehensive, end-to-end solutions for simulating sophisticated optical- and photonics-enabled products Deal expected to close in Q4 2021, subject to satisfaction of closing conditions Ansys (NASDAQ: ANSS), the global leader and innovator of engineering simulation software, announced today that it has entered into a definitive agreement to acquire Zemax, LLC, a leader in high-performance optical imaging system simulation. Once closed, the acquisition will expand the scope of Ansys' solution offering, giving users comprehensive, end-to-end solutions for simulating next-generation optical and photonics products.

Ansys to Acquire Zemax Pursuant to Definitive Acquisition Agreement

PITTSBURGH, Aug. 12, 2021 /PRNewswire/ --  / Key Highlights Strategic partnership combines Ansys' high-fidelity physics simulation with best-in-class driving simulation from IPG Automotive Ansys VRXPERIENCE and IPG Automotive's CarMaker will speed the verification and validation of autonomous vehicles Ansys (NASDAQ: ANSS) and IPG Automotive are collaborating to fast-track the creation, integration and validation of advanced driver-assistance systems (ADAS) features and autonomous vehicles (AVs). Combining Ansys® VRXPERIENCE®  with IPG Automotive's CarMaker will empower joint customers to virtually verify and validate sensor design and performance, which will accelerate development and time-to-market.

Ansys and IPG Automotive Accelerate Autonomous Vehicle Path-to-Market for Automobile Manufacturers

The shares of ANSYS, Inc. (NASDAQ: ANSS) have received a price target increase from $370 to $415 by Benchmark. These are the details.

ANSS Stock Price: $415 Target From Benchmark

ANSYS, Inc. (ANSS) CEO Ajei Gopal on Q2 2021 Results - Earnings Call Transcript

ANSYS' (ANSS) Q2 performance is driven by strength in high tech, aerospace and defense and semiconductor verticals.

ANSYS (ANSS) Q2 Earnings and Revenues Beat Estimates, Up Y/Y

PITTSBURGH, Aug. 4, 2021 /PRNewswire/ --   / Key Highlights Ansys ranked on Fast Company's annual Best Workplaces for Innovators list Ansys recognized for its Ansys® RaptorH™ product, which is revolutionizing the development of system-on-chip (SoC) and 3D integrated circuits (3D-ICs) Fast Company named Ansys (NASDAQ: ANSS) to its third annual Best Workplaces for Innovators list, honoring businesses and organizations that demonstrate a deep commitment to encouraging innovation at all levels. Ansys was named to the list for the launch of its Ansys® RaptorH™ product.

Ansys Named to Fast Company's Third Annual List of the 100 Best Workplaces for Innovators

ANSYS' (ANSS) Q2 performance is likely to reflect healthy adoption of its solutions across verticals like aerospace and defense, semiconductor, high-tech and automotive end markets.

What to Expect Ahead of ANSYS' (ANSS) Q2 Earnings Release?

Ansys (ANSS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Ansys (ANSS) Q2 Earnings Expected to Decline

PITTSBURGH, July 23, 2021 /PRNewswire/ -- / Key Highlights Prith Banerjee, Ansys CTO, and his wife, Swati Banerjee, endowed the Indian Institute of Technology (IIT) Kharagpur with the Prithviraj and Swati Banerjee Chair Professorship The endowment is intended to spur research and provide IIT Kharagpur students with access to Ansys simulation solutions Prith Banerjee, Ansys (NASDAQ: ANSS) CTO, and his wife, Swati Banerjee signed a memorandum of understanding to create the Prithviraj and Swati Banerjee Chair Professorship for IIT Kharagpur's department of electronics and electrical communication engineering. In line with Ansys' commitment to close the skills gap and help companies innovate faster, the chair professorship will encourage research and industrial collaboration while expanding student access to Ansys simulation solutions.

Ansys Announces Prithviraj and Swati Banerjee Chair Professorship at the Indian Institute of Technology Kharagpur

This company has its fingers in a lot of high-tech industries.

Does This Top Simulation Stock Belong in Your Portfolio?

PITTSBURGH, July 20, 2021 /PRNewswire/ -- / Key Highlights With the newly launched Ansys 2021 R2, engineers can capitalize on ever-increasing computing power to optimize complex products, assemblies and systems across industries. Ansys 2021 R2 enables engineers get better products to market faster with systems engineering workflows that bring together multiple engineering tools and disciplines to help stakeholders understand subsystem interactions and synergies.

Ansys 2021 R2 Accelerates Engineering Exploration, Collaboration and Automation

Ansys Inc (NASDAQ: ANSS) and Arm are providing simulation solutions for AWS Graviton2 processors empowering Ansys customers with more affordable access to Amazon.com Inc's (NASDAQ: AMZN) Amazon Web Services (AWS) cloud computing resources. The collaboration marks the debut of Ansys' electronic design automation (EDA) semiconductor simulation solutions on the Arm Neoverse architecture to drive design efficiency and ensure optimum chip performance.

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