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Ansys Inc. (NASDAQ: ANSS) is a global leader in engineering simulation software, enabling innovators across various industries to push boundaries by predicting how their designs will perform in the real world. Founded in 1970, Ansys employs over 4,000 professionals, including many master’s and Ph.D.-level engineers, making it the largest simulation provider with such expertise. The company's core competencies include finite element analysis, computational fluid dynamics, electronics, electromagnetics, and design optimization.
Ansys serves over 50,000 customers globally, including those in aerospace, defense, automotive, semiconductor, and more. Known for its steady growth and financial strength, Ansys reinvests 15% of its revenues annually into research and development to maintain its innovative edge. This dedication has earned the company recognition as one of the world's most innovative and fastest-growing companies by prestigious organizations such as BusinessWeek and Fortune magazines.
Recently, Ansys has expanded its electronics portfolio by integrating SynMatrix with Ansys HFSS™ to streamline RF filter design workflows, particularly for 5G, aerospace, defense, satellite communications, and radar applications. This integration reduces design time by over 50%, leveraging AI-driven optimization for enhanced design and modeling.
Ansys is also collaborating with BAE Systems, Inc. to accelerate the adoption of digital engineering and model-based systems engineering across the U.S. Department of Defense. This partnership aims to modernize system design, delivery, and operation, enhancing decision-making for critical programs.
In the realm of AI, Ansys has launched AnsysGPT™, an AI-powered virtual assistant that offers rapid, 24/7 customer support by merging ChatGPT technology with Ansys’ extensive knowledge base. AnsysGPT is designed to assist engineers with real-time responses, streamlining simulation setup and related queries.
Financially, Ansys reported first-quarter 2024 revenue of $466.6 million, with a GAAP diluted earnings per share of $0.40. Despite a slight decline compared to the previous year, Ansys continues to anticipate double-digit annual contract value and revenue growth in the remaining quarters of 2024.
Looking ahead, Ansys is set to be acquired by Synopsys, Inc. in a transaction expected to close in the first half of 2025. This acquisition aims to create a leader in silicon-to-systems design solutions, combining Synopsys' semiconductor electronic design automation with Ansys’ comprehensive simulation and analysis portfolio.
Ansys (NASDAQ: ANSS) reported strong Q4 2024 financial results with revenue of $882.2 million, up 10% year-over-year, and full-year 2024 revenue of $2,544.8 million, representing 12% growth. The company achieved Q4 GAAP EPS of $3.21 and non-GAAP EPS of $4.44, while full-year GAAP EPS reached $6.55 and non-GAAP EPS hit $10.91.
Q4 2024 Annual Contract Value (ACV) grew 15% to $1,094.6 million, contributing 43% of the full-year ACV of $2,563.0 million. The company maintained strong operating margins with Q4 GAAP operating profit margin at 40.3% and non-GAAP at 53.3%. Operating cash flows for Q4 were $258.0 million, with full-year operating cash flows at $795.7 million.
The previously announced acquisition by Synopsys is progressing with regulatory approvals, including conditional clearance from the European Commission and provisional acceptance from the UK Competition Authority. The transaction is expected to close in the first half of 2025.
Ansys (NASDAQ: ANSS) and Concepts NREC have expanded their partnership to integrate Ansys CFX® computational fluid dynamics software into Concepts NREC's AxCent® platform, creating an automated workflow for turbomachinery design and analysis. This integration enables designers to evaluate machine performance with increased predictive accuracy directly within the same interface, eliminating manual data transfer between programs.
The new 'one-click' approach significantly reduces design cycles and improves performance for applications including compressors, turbines, pumps, fans, and turbochargers. The partnership addresses traditional workflow inefficiencies that caused time delays, required additional computational resources, and increased production costs.
AtmosZero, a manufacturer of zero-emission steam boilers, has already implemented this integrated solution for designing and validating high-temperature compressors. The companies plan to expand integration capabilities to include more fluid varieties and features for capturing system dynamic behavior.
Ansys (NASDAQ: ANSS) has released its 2025 R1 update, introducing significant enhancements to its digital engineering technologies. The release features expanded AI and cloud computing capabilities, including improvements to SimAI for enhanced post-processing insights and new GPU-powered solutions.
Key improvements include the new CFD HPC Ultimate product for enterprise-level computational fluid dynamics, support for SysML v2 in System Architecture Modeler, and significant performance boosts across various platforms. The Fluent multi-GPU solver now handles larger mesh cell counts, while Mechanical GPU-accelerated solver achieves up to 6x faster performance than alternatives.
The update also introduces PowerX, a new tool for power FET and PMIC analysis, and enhances the Minerva simulation process with improved data management capabilities. These improvements aim to accelerate product development, reduce costs, and facilitate better cross-team collaboration.
Ansys (NASDAQ: ANSS) has announced it will release its fourth quarter and FY 2024 earnings report on February 19, 2025, after market close. The company has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance due to its pending acquisition by Synopsys.
On January 15, 2024, Ansys entered into a definitive agreement to be acquired by Synopsys, with the transaction expected to close in the first half of 2025, subject to regulatory approvals and closing conditions. The merger aims to combine Synopsys' semiconductor electronic design automation with Ansys' simulation and analysis portfolio to create a leading silicon to systems design solutions provider.
Ansys (NASDAQ: ANSS) and Synopsys (NASDAQ: SNPS) have announced an agreement to sell Ansys's PowerArtist business to Keysight Technologies (NYSE: KEYS). PowerArtist is a specialized RTL design-for-power platform used for early-stage power analysis and reduction in semiconductor designs.
The sale is contingent upon regulatory approvals and the closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. The divestiture was deemed necessary to obtain regulatory approval for the Synopsys-Ansys merger. The transaction's financial terms were not disclosed, though Ansys stated it's not material to their financials.
PowerArtist will complement Keysight's existing design engineering software portfolio, furthering their strategy in the high-performance system design and simulation software sector. During the transition period, Ansys will continue offering PowerArtist as part of its product line.
Ansys (NASDAQ: ANSS) and Synopsys (NASDAQ: SNPS) have announced an agreement to sell Ansys PowerArtist to Keysight Technologies (NYSE: KEYS). PowerArtist is a specialized RTL design-for-power platform used for early-stage power analysis and reduction in semiconductor designs.
This divestiture is necessary to obtain regulatory approval for Synopsys' proposed acquisition of Ansys, which is expected to close in the first half of 2025. The PowerArtist transaction is subject to regulatory review and the completion of the broader Synopsys-Ansys merger.
PowerArtist will complement Keysight's existing design engineering software portfolio, strengthening its position in the high-performance system design and simulation software sector. The sale is not considered material to Ansys' financials, and the terms were not disclosed.
Ansys (NASDAQ: ANSS) announced its participation in CES 2025, where it will showcase digital engineering solutions for next-generation vehicles. The company's simulation solutions, used by 94% of top automotive suppliers, help address industry challenges through faster design generation and advanced safety modeling.
Key highlights include demonstrations of simulation technology for software-defined vehicles (SDV), ADAS, and electromobility. According to Marelli Electronic Systems, Ansys tools have enabled a 25% reduction in product development cycle, 15-20% savings on engineering costs, and 15-20% improvement in product performance.
The company will showcase several innovations including SimAI, a cloud-enabled generative AI platform, ConceptEV for EV powertrain development, and Discovery 3D simulation software. Ansys solutions focus on vehicle safety through virtual prototyping, crash safety analysis, and regulatory compliance workflows.
Ansys (NASDAQ: ANSS) announced a collaboration with Cognata and Microsoft to enhance ADAS/AV sensor testing capabilities through the Automated Driving Perception Hub (ADPH) platform. The integration of Ansys AVxcelerate Sensors into ADPH, which runs on Microsoft Azure and AMD hardware, provides OEMs with access to certified virtual sensor models for testing autonomous vehicle functions.
The platform features high-fidelity radar and electromagnetic wave propagation simulation capabilities, allowing manufacturers to validate sensors against industry standards like NHTSA and NCAP. The system includes various sensor models for thermal cameras, LiDAR, and RGB cameras, enhanced by Deep Neural Network technology for photorealistic simulations.
Cognata's platform, powered by AMD Radeon PRO V710 GPUs, utilizes generative AI transfer technology to deliver precise virtual sensor simulations, while Ansys' contribution focuses on physics-based radar models that accurately reproduce electromagnetic wave propagation for improved signal strength and accuracy.
Ansys (NASDAQ: ANSS) announces collaboration with Sony Semiconductor Solutions to enhance perception system validation in autonomous vehicles (AV) and advanced driver assistance systems (ADAS). The partnership combines Ansys AVxcelerate Sensors™ software with Sony's HDR Image Sensor Model to enable comprehensive testing of AV functions in diverse conditions including low light, nighttime, rain, snow, and fog.
The collaboration allows OEMs and Tier 1 suppliers to expedite thousands of on-road driving hours through virtual testing, significantly reducing development costs while improving safety validation. The AVxcelerate platform simulates how light travels through various environments and camera systems, reproducing pixel characteristics and signal processing functions with high accuracy.
Ansys (NASDAQ: ANSS) has released a report introducing a new methodology for measuring sustainability impact through simulation during product design and life cycle. The report, supported by McKinsey & Co, showcases successful implementations at Danfoss Drives, Infineon, and Mars, demonstrating GHG emissions reductions of at least 10% using Ansys solutions.
The methodology focuses on four sustainability pillars: clean environment, materials and circularity, energy solutions, and manufacturing efficiency. Notable success stories include Danfoss Drives achieving 45% reduction in lifetime energy consumption, Infineon cutting electrical losses by 50% in EV inverter design, and Mars reducing plastic use by 246 tons in 2024 through packaging redesign.
The four-step methodology helps companies: 1) Identify key metrics, 2) Evaluate initiatives, 3) Assess simulation's contributions, and 4) Quantify impact.