ANSYS(ANSS)

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Ansys 2025 R1 Increases Collaboration, Expands Cloud and AI Functionality, and Delivers Data-Driven Insights with Powerful Digital Engineering Technology
Prnewswire· 2025-02-04 14:00
Digital engineering-enabling technologies connect parallel workstreams, reducing costly prototyping, facilitating cross-functional collaboration, and accelerating time-to-market/ Key Highlights The Ansys SimAI™ cloud-enabled artificial intelligence solution now allows users to expand the training data to gain further insight during post-processing New capabilities in the Ansys System Architecture Modeler (SAM)™ include support for SysML v2, enabling more optimized product designs and significant time savin ...
Ansys to Release Fourth Quarter and FY 2024 Earnings on February 19, 2025
Prnewswire· 2025-01-23 21:30
PITTSBURGH, Jan. 23, 2025 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its fourth quarter and FY 2024 earnings on Wednesday, February 19, 2025, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance. After the market closes on Wednesday, February 19, 2025, you can find the following informa ...
Stocks This Month: Buy ANSYS And KLA
Forbes· 2025-01-22 11:00
Photographer: Michael Nagle/Bloomberg© 2024 Bloomberg Finance LPThe monthly NASDAQ composite cycle bottomed last week. There may be a minor pullback next month, but the overall uptrend is intact. Most NASDAQ stocks are very overbought, but there are still some stocks that are reasonably positioned.ANSYS develops and markets engineering simulation software and services for engineers, designers, and researchers. The stock is likely to move higher. We can see that the share price is in a three-year triangle. A ...
Ansys and Synopsys Announce Agreement with Keysight Technologies for Sale of Ansys PowerArtist
Prnewswire· 2025-01-06 21:31
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 to Demonstrate Solutions that Power Next-Generation Mobility Technology at CES 2025
Prnewswire· 2025-01-03 14:00
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 ...
Ansys Collaborates with Sony Semiconductor Solutions to Advance Scenario-Based Perception Testing in Autonomous Vehicles
Prnewswire· 2024-12-19 14:00
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 Report Highlights Simulation's Role in Improving Sustainability Across Industries
Prnewswire· 2024-12-17 14:00
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 ...
ANSS & Microelectronics Commons Partner to Boost National Security
ZACKS· 2024-11-25 13:46
Core Insights - Ansys Inc.'s security division, Ansys Government Initiatives (AGI), secured a contract to provide digital engineering solutions to the Microelectronics Commons, a collaborative effort aimed at transforming the U.S. microelectronics landscape [1][2][3] Group 1: Contract and Collaboration - The deal allows 90% of Ansys' advanced simulation suite to be accessible to the Commons network, which includes cutting-edge semiconductor, electronics, and photonics products [2] - The Microelectronics Commons, supported by the Department of Defense, aims to tackle challenges in microelectronics manufacturing, particularly by enhancing research and innovation capabilities [3] Group 2: Workforce Development and Training - Ansys will provide its Ansys Learning Hub to participating technology hubs, enabling academic institutions to train future semiconductor professionals in critical areas such as 5G/6G, AI, and quantum technology [4] Group 3: Financial Performance - In the last reported quarter, Ansys achieved a 31.2% year-over-year revenue increase, totaling $601.9 million, exceeding the Zacks Consensus Estimate by 13.3% [7] - The growth was largely attributed to strong performance in multi-year lease agreements, including a significant $88 million deal in the high-tech sector [7] Group 4: Acquisition and Market Position - Ansys has refrained from providing financial guidance due to its pending acquisition by Synopsys, which has been approved by Ansys shareholders [8] - The company's stock has gained 17.8% over the past year, slightly outperforming the sub-industry's growth of 17.7% [9]
Ansys Government Initiatives Selected to Join Microelectronics Commons to Support National Security
Prnewswire· 2024-11-21 14:00
Core Insights - The Microelectronics Commons network, funded by the CHIPS Act, aims to enhance domestic semiconductor manufacturing through collaboration among regional technology hubs [1][2] - Ansys has been awarded a contract to provide digital engineering solutions to the Commons, granting access to nearly 90% of its simulation suite to drive microelectronics innovation [1][2] - The initiative focuses on critical areas such as 5G/6G, AI, EM spectrum dominance, IoT computing, and quantum technologies, with Ansys playing a key role in workforce development and prototyping [1][3] Group 1 - The Commons network consists of eight regional technology hubs aimed at fostering domestic innovation in various advanced technologies [1] - Ansys will support six of these hubs through the Cross Hub Enablement Solution (CHES) program, enhancing the microelectronics technology supply chain [1] - Ansys Government Initiatives will collaborate with industry, academic, and government organizations to produce mature prototypes, demonstrating the lab-to-fab concept [1][2] Group 2 - Ansys will provide the Ansys Learning Hub to participating technology hubs, facilitating education in semiconductor workforce development [3] - The initiative is crucial for maintaining U.S. intellectual property and market influence, thereby enhancing national security [3] - Ansys emphasizes the importance of bridging the gap between research and practice to accelerate domestic prototyping in the semiconductor sector [4] Group 3 - Ansys has extensive experience working with chip manufacturers and designers, reinforcing its commitment to improving national distribution and access to critical resources [4] - The collaboration aims to solidify the U.S. position as a global leader in the semiconductor industry [4] - Ansys' mission is to power innovation that drives human advancement through predictive simulation across various industries [5]
ANSS, Vertiv Team Up to Boost Data Center Cooling for Next-Gen Designs
ZACKS· 2024-11-18 13:55
Group 1: Collaboration and Technology - ANSYS Inc. collaborates with Vertiv to leverage digital engineering technologies for designing next-generation data center cooling systems, aiming to reduce development time and costs while enhancing customization [1][4] - The heat exchanger (HX) coil is a critical component in data center thermal management, and its design is complex and time-consuming, but ANSYS technology allows Vertiv to design them more quickly and accurately [2][3] - ANSYS provides a suite of digital tools, including Minerva and optiSLang, which streamline the design process and enhance collaboration among teams [3][4] Group 2: Market Position and Financial Performance - ANSYS maintains a strong position in the high-end design simulation software market, with steady demand from the automotive and high-tech industries, and its software is widely used by major manufacturing companies [5] - In the last reported quarter, ANSYS' revenues increased by 31.2% year over year to $601.9 million, surpassing the Zacks Consensus Estimate by 13.3%, driven by robust multi-year lease growth [7] - ANSYS secured an $88 million deal in the high-tech industry, significantly contributing to its multi-year lease agreements and reinforcing its market presence [7] Group 3: Strategic Partnerships - ANSYS has deepened its partnership with TSMC to utilize AI for improving semiconductor technologies and workflows, achieving a 10X speed boost in photonic simulations through collaboration with Microsoft and NVIDIA [6] - The collaboration with TSMC and Microsoft enhances the simulation capabilities for silicon Photonic Integrated Circuits, showcasing ANSYS' commitment to innovation in the semiconductor space [6] Group 4: Acquisition and Stock Performance - ANSYS has not issued an outlook due to its pending acquisition by Synopsys, which has received approval from ANSYS shareholders [8] - Currently, ANSYS holds a Zacks Rank 3 (Hold), with its shares gaining 9.9% over the past year, compared to a 14.4% growth in the sub-industry [9]