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.

Rockwell Automation

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.

Ansys To Support AWS Arm-based Graviton2 Processors

PITTSBURGH, July 19, 2021 /PRNewswire/ --  Key Highlights Ansys delivers its semiconductor simulation solution, Ansys Power Library (APL), to the Arm Neoverse architecture to support development on Amazon Web Service's (AWS) Graviton2 processors This collaboration lays the foundation for deploying more of Ansys' comprehensive semiconductor simulation portfolio on current and future Arm architectures Together with Arm, Ansys (NASDAQ: ANSS) is providing state-of-the-art simulation solutions for AWS Graviton2 processors — empowering Ansys customers with more affordable access to Amazon Web Services (AWS) cloud computing resources. The collaboration marks the first availability of Ansys' electronic design automation (EDA) semiconductor simulation solutions on the Arm Neoverse™ architecture, empowering engineering teams to improve design efficiency and ensure optimum chip performance.

Ansys Expands Its Cloud Footprint to Support AWS Arm-based Graviton2 Processors

PITTSBURGH, July 15, 2021 (GLOBE NEWSWIRE) -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its second quarter earnings on Wednesday, August 4, 2021, after the market closes. The Company will hold a conference call conducted by Ajei Gopal, president and chief executive officer and Nicole Anasenes, chief financial officer and senior vice president of finance at 8:30 a.m. Eastern Time on Thursday, August 5, 2021 to discuss second quarter 2021 results and future outlook.

ANSYS to Release Second Quarter 2021 Earnings on August 4, 2021

PITTSBURGH, July 15, 2021 PRNewswire/ -- Key Highlights Ansys lessens barriers to entry, empowers students to enhance electronics-specific simulation skillset and spurs the next generation of innovation Free download expands students' online access to industry-leading simulation solutions, including Ansys® HFSS™, Ansys® Maxwell®, Ansys® Q3D Extractor® and  Ansys® Icepak® Through the launch of its Electronics Desktop product for students, Ansys (NASDAQ: ANSS) lowers the barrier to adoption for electronics simulation software and fuels the incoming workforce with a skillset necessary for next-gen innovation. The new student software provides free access to Ansys' industry-leading Electronics product line—rounding out its existing and comprehensive student offerings for Ansys' Mechanical, Fluids, Discovery and SCADE products.

Ansys Provides Competitive Edge to Future Workforce Through Novel Release of Free Electronics Desktop Product for Students

PITTSBURGH, July 1, 2021 /PRNewswire/ -- Key Highlights Ansys simulation solutions are empowering engineers from 35 countries to build the highly sophisticated ITER fusion energy machine ITER engineers use Ansys simulations to enhance electromagnetic (EM) structure design, decrease project risk, reduce physical prototyping and satisfy stringent safety standards The ITER Organization is collaborating with Ansys (NASDAQ: ANSS) to optimize EM structure design and performance for the ITER, the largest nuclear fusion plant created to affordably deliver clean, net energy and maintain fusion for long durations. Through a new multi-year agreement, Ansys will work with ITER engineers to improve project risk management, streamlining system development and meeting critical safety requirements.

Ansys Enables the ITER Organization to Design the World's Largest Highly Sustainable Nuclear Fusion Power Plant

PITTSBURGH, June 30, 2021 /PRNewswire/ -- / Key Highlights Seventeen university teams competed in the Ansys Indy Autonomous Challenge Simulation Race featuring digital replicas of the vehicles and track The simulated race, a critical milestone in the Indy Autonomous Challenge (IAC), allowed teams to test the performance of their racecar controllers in a safe environment Ansys awarded winner PoliMOVE and runner-up TUM Autonomous Motorsport $100,000 and $50,000, respectively; $1.3 million in prizes remain at stake for the IAC race currently scheduled for Oct. 23, 2021 Ansys (NASDAQ: ANSS), working in collaboration with IAC organizers Energy Systems Network (ESN) and the Indianapolis Motor Speedway (IMS), simulated autonomous races that culminated in a seven-team final on a digital replica of the IMS. Ansys awarded winner PoliMOVE from Politecnico di Milano (POLIMI), Milan, Lombardy, Italy $100,000 and runner-up TUM Autonomous Motorsport from Technische Universität München (TUM), Munich, Bavaria, Germany $50,000 in cash prizes.

PoliMOVE Wins the Ansys Indy Autonomous Challenge Simulation Race

PITTSBURGH, June 24, 2021 /PRNewswire/ -- Key Highlights Meggitt is leveraging Ansys simulations to streamline product design lifecycles, spur the creation of highly advanced aviation products and develop standardized modeling processes through a new multi-year agreement with Ansys The collaboration standardizes Ansys' portfolio of state-of-the-art simulation solutions as Meggitt's common modeling platform for its globally distributed teams Meggitt PLC and Ansys (NASDAQ: ANSS) are collaborating to create next-generation aircraft technologies that will satisfy strict flight certification requirements and meet stringent greenhouse gas reduction guidelines. Through a new multi-year enterprise license agreement, Ansys will help Meggitt's global engineering team develop leading-edge thermal management products and build standardized modeling processes — substantially enhancing product performance and decreasing time to market.

Meggitt PLC Improves Company-wide Engineering Processes and Sustainability with Ansys Simulation Solutions

Ansys (ANSS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Ansys (ANSS) Upgraded to Buy: What Does It Mean for the Stock?

PITTSBURGH, June 15, 2021 /PRNewswire/ -- Key Highlights Ansys® Redhawk-SC™  and Ansys® Totem™ power integrity platforms are certified for TSMC's industry-leading N3 and N4 process technologies  TSMC's certifications will help customers speed design flow convergence for Redhawk-SC and Totem Ansys (NASDAQ: ANSS) achieved certification of its cutting-edge multiphysics signoff solutions for TSMC's advanced N3 and N4 process technologies. This enables joint customers to meet critical power, thermal and reliability standards for highly sophisticated artificial intelligence/machine learning, 5G, high-performance computing (HPC), networking and autonomous vehicle chips.

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