The web-based technology unlocks the power of cloud computing for faster CFD simulations, reducing reliance on hardware resources/ Key Highlights Ansys Fluent Web user interface™ (UI) enables users to remotely interact with simulations running on the cloud anywhere from any device The interface supports large-scale parallelization of massive computational fluid dynamics (CFD) simulations by tapping into multi-GPU and cloud computing capabilities to reduce power consumption and increase simulation speed by ...

Core Insights - Kuehn Law is investigating potential claims related to proposed mergers involving several companies, focusing on whether the Boards acted to maximize shareholder value and disclosed material information [1] Group 1: Mergers and Acquisitions - Carrols Restaurant Group is set to merge with Restaurant Brands International, with shareholders receiving $9.55 per share in cash [2] - Ansys will merge with Synopsys, where Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock per Ansys share, valuing Ansys at approximately $35 billion [2] - PGT Innovations is merging with MITER Brands, offering shareholders $42.00 in cash per share [3] - Sun Pharmaceutical Industries is acquiring Taro Pharmaceutical Industries, with Taro shareholders receiving $43.00 per share in cash [4] Group 2: Shareholder Engagement - Kuehn Law emphasizes the importance of shareholder participation in maintaining the integrity and fairness of financial markets, encouraging shareholders to voice their concerns [5] - Shareholders are urged to contact Kuehn Law for assistance, as the firm covers all case costs and does not charge its clients [6]

An expanded partnership between Ansys and Humanetics will unlock new levels of value and accuracy in the human safety engineering ecosystem/ Key Highlights Ansys has entered into a definitive agreement to acquire a minority ownership interest in Humanetics to strengthen their existing relationship Ansys and Humanetics intend to expand their partnership to further push innovation in the human safety engineering ecosystem This partnership will drive greater value for customers in the automotive industry and ...

As the artificial intelligence (AI) race heats up, investors have become increasingly aware of the powerful position of electronic design automation (EDA) software companies. That's because these companies deal with a type of design suite specifically for semiconductors that are so vital to AI's development. As a result, industry leaders Synopsys (SNPS 4.65%) and Cadence Design Systems (CDNS 4.71%) have been off to the races, sporting respective gains of 59% and 71% since the start of 2023. Synopsys stock h ...

Ansys (ANSS) and Synopsys (SNPS) have officially announced their entry into a definitive agreement, paving the way for Synopsys to acquire Ansys. The terms of the agreement outline that Ansys shareholders will receive $197 in cash along with 0.3450 shares of Synopsys common stock for each Ansys share.This deal, valued at approximately $35 billion, reflects an implied per-share consideration of $390.19 and represents a premium of about 29% over Ansys' closing stock price on Dec 21, 2023. Ansys shareholders a ...

Key TakeawaysChip design software maker Synopsys Inc. on Tuesday announced a cash-and-stock deal to acquire simulation software company Ansys Inc. that's valued at $35 billion.The deal brings together Synopsys' semiconductor electronic design automation (EDA) with longtime partner Ansys' simulation technology.Synopsys said it plans to fund the bulk of the $19 billion cash portion of the deal with a debt offering.Synopsys stock rose about 1.5% in intraday trading Tuesday after the announcement.Synopsys Inc. ...

Key TakeawaysU.S. equities kicked off the shortened trading week lower at midday on Tuesday, Jan. 16, 2024 as bond yields rose.Boeing shares sank after saying it would add additional quality inspections of its 737 Max jet and a downgrade from Wells Fargo.Shares of semiconductor design and software firm Synopsys gained after announcing its purchase of engineering software and services company Ansys for $35 billion.U.S. equities started the shortened trading week lower at midday as the yield on the 10-year Tr ...

About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...

Synopsys, the largest provider of electronic design automation software, agreed to buy Ansys for $35 billion in cash and stock in the biggest technology deal of 2024 so far. ...

Semiconductor design and software firm Synopsys on Tuesday announced it would acquire Ansys, a engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion.Synopsys will pay consideration of roughly $390 per share: $197 per-share in cash and roughly one-third of a Synopsys share for each Ansys share. The deal is expected to close in the first half of 2025, pending regulatory and shareholder approval.Ansys shareholders will own 16.5% of Synopsys following the mer ...