Transaction Overview - Ansys has entered into a definitive agreement to sell its PowerArtist™ business to Keysight Technologies, Inc [2] - The transaction is subject to customary closing conditions, including regulatory approvals and the closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025 [2][7] - The sale of PowerArtist was deemed necessary to obtain regulatory approval for Synopsys' proposed acquisition of Ansys [2] PowerArtist Business - PowerArtist is a comprehensive RTL design-for-power platform used by semiconductor companies for early-stage power analysis, profiling, and reduction [3] - The platform enables rapid turnaround on multimillion instance designs, allowing power-related design decisions at an earlier stage compared to traditional gate-level methodologies [3] - PowerArtist is expected to complement and broaden Keysight's existing design engineering software portfolio [7] Strategic Implications - Keysight's acquisition of PowerArtist aligns with its strategy to expand its position in the high-performance system design and simulation software sector [4] - The transaction is not material to Ansys' financials, and the terms of the agreement were not disclosed [5] - Ansys will continue to offer PowerArtist as part of its product line until the transaction closes, ensuring a seamless transition for customers and partners [5] Industry Context - Ansys has been a leader in simulation software for over 50 years, enabling innovation across industries such as sustainable transportation, advanced semiconductors, and medical devices [9] - Synopsys, a key player in silicon-to-systems design solutions, is partnering with Ansys to maximize R&D capability and productivity in the semiconductor and systems industries [10][11]

Ansys simulation solutions help 94% of the top 100 automotive suppliers drive the future of mobility through faster design generation, digital engineering, and advanced safety modeling/ Key highlights for guests visiting the Ansys Booth, #6400, West Hall Explore demonstrations of the latest simulation and digital engineering technology for software-defined vehicles (SDV), advanced driver assistance systems (ADAS), electromobility, full vehicle and component development, and more See how simulation maximizes ...

Collaboration empowers OEMs and Tier 1 suppliers to reliably evaluate and verify performance of ADAS/AV functionality in all weather and lighting conditions/ Key Highlights Ansys AVxcelerate Sensors™ autonomous vehicle (AV) sensor simulation software provides real-time multispectral camera simulation for scenario-based perception testing Leveraging both AVxcelerate Sensors and Sony's high dynamic range (HDR) Image Sensor Model, OEMs can test advanced driver assistance systems (ADAS) and AV functions, accou ...

Ansys introduces a new methodology for early-stage and life cycle design that quantifies the impact of simulation on sustainability initiatives, helping companies predict ROI/ Key Highlights  Companies can use Ansys simulation to measure direct, indirect, and downstream greenhouse gas (GHG) emissions across the product life cycle Ansys' sustainability solutions enable environmental impact analysis, resulting in reduced carbon emissions, waste generation, and lower material, energy, and water consumption The ...

ANSYS Inc.’s (ANSS) security wing — Ansys Government Initiatives or AGI — recently won a deal to supply digital engineering solutions to the Microelectronics Commons. The initiative, funded through the CHES program and implemented by the Midwest Microelectronics Consortium, is a joint effort by the government, academia and private industry to transform the microelectronics landscape in the United States. According to the deal, 90% of its cutting-edge simulation suite of Ansys will be available to the Common ...

Funded by the CHIPS Act, Microelectronics Commons will rely on Ansys digital engineering technology to support the evolution of domestically manufactured semiconductors/ Key Highlights Microelectronics Commons (Commons) network has eight regional technology hubs focused on spurring domestic innovation in 5G/6G, artificial intelligence (AI), electromagnetic (EM) spectrum dominance, Internet-of-Things (IoT) computing, and quantum and leap-ahead technologies Ansys will provide services to six of the eight hub ...

ANSYS Inc.’s (ANSS) cutting-edge digital engineering technologies are leveraged by a digital infrastructure solutions provider – Vertiv (VRT) – for designing next-generation data center cooling systems. This collaboration aims to reduce development time, enhance customization, minimize costs and deliver innovative solutions that align with the needs of artificial intelligence (AI)-powered applications.A key component in any data center thermal management system is the heat exchanger (HX) coil, which is cruc ...

ANSYS Inc (ANSS) reported third-quarter 2024 earnings of $2.58 per share, beating the Zacks Consensus Estimate by 37.2%. The bottom line also increased 83% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues of $601.9 million beat the Zacks Consensus Estimate by 13.3%. The top line rose 31.2% year over year on both reported and constant currency basis. This revenue growth was driven by solid multi-year lease growth. ANSS closed an $88 million contract in the high ...

Ansys (ANSS) came out with quarterly earnings of $2.58 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 37.23%. A quarter ago, it was expected that this maker of engineering-simulation software would post earnings of $1.94 per share when it actually produced earnings of $2.50, delivering a surprise of 28.87%.Over the last four ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 0-20853 ANSYS, Inc. (Exact name of registrant as specified in its charter) Delaware 04-3219960 (State or ot ...