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Ansys Inc - ANSS STOCK NEWS

Welcome to our dedicated page for Ansys news (Ticker: ANSS), a resource for investors and traders seeking the latest updates and insights on Ansys stock.

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.

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Ansys has announced the certification of its power integrity platforms for TSMC's latest silicon technologies, enabling faster, lower power designs. The certification covers Ansys RedHawk-SC and Ansys Totem for N2 technology and Ansys RaptorX for N5 technology. Ansys has also collaborated with TSMC on an AI-enabled analysis optimization flow. This partnership aims to empower customers with advanced multiphysics simulations and analyses for designing innovative chips.

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Ansys collaborates with TSMC on a multiphysics platform for optics and photonics, boosting chip communication speed for AI, HPC silicon systems. The partnership aims to address design challenges in AI, datacenter, cloud, and HPC chips, offering a wide range of simulation solutions.
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Keysight, Synopsys, and Ansys collaborate to deliver an integrated radio frequency design migration flow to TSMC's N6RF+ process node. This new workflow accelerates the migration of existing N16 process passive radio frequency devices to the advanced N6RF+ technology node, enhancing power, performance, and area results for wireless integrated circuit applications.
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ANSYS, Inc. (NASDAQ: ANSS) is set to release its first quarter 2024 earnings on May 1, 2024. The company has suspended quarterly earnings conference calls and no longer provides guidance due to the pending transaction with Synopsys, Inc. The agreement with Synopsys involves an acquisition where Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share, amounting to an enterprise value of $35.0 billion. The transaction is expected to close in the first half of 2025, subject to shareholder and regulatory approval.
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Ansys (ANSS) launches AnsysGPT, an AI-powered virtual assistant for real-time customer support. The tool offers 24/7 user support, vast multiphysics expertise, and a 30x larger knowledge base for improved response accuracy and usefulness.
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Ansys collaborates with BAE Systems, Inc. to enhance digital engineering and model-based systems for defense applications. Ansys solutions support decision-making in 5G, AI, ML, cloud management, and digital twins. The partnership aims to modernize system design and operation for the Department of Defense.
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Ansys collaborates with The Exploration Company to develop Nyx, a sustainable space vehicle with a revolutionary methane-based propulsion system. Nyx aims to support various missions between 2024 and 2028, democratizing space exploration and enhancing sustainability. Ansys solutions optimize engine and body design, reducing costs and project risks.
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Ansys partners with SynMatrix to enhance RF filter design workflows, reducing design time by over 50% for wireless communications applications like 5G and aerospace. The joint solution offers AI-driven optimization for diverse filter types, supporting the entire RF filter development cycle.
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Ansys (ANSS) collaborates with NVIDIA to advance simulation solutions with accelerated computing and generative AI, focusing on 6G communication systems, AI-infused simulations, autonomous vehicles, digital twins, enhanced graphics, and visual rendering. The collaboration aims to optimize hardware, leverage NVIDIA GPUs, and enhance data interoperability through the AOUSD. Ansys integrates NVIDIA AI into its software offerings, develops physics-based digital twins, and explores AI-enhanced simulation techniques.
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Hyundai Motor Company selects Ansys (ANSS) as a preferred supplier for structural simulation solutions, enhancing safety and comfort in next-generation vehicles. Ansys' advanced capabilities and strong market strategy outshine competitors in an 18-month evaluation process.
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FAQ

What is the current stock price of Ansys (ANSS)?

The current stock price of Ansys (ANSS) is $339.5 as of December 23, 2024.

What is the market cap of Ansys (ANSS)?

The market cap of Ansys (ANSS) is approximately 29.6B.

What does Ansys Inc. specialize in?

Ansys specializes in engineering simulation software, including finite element analysis, computational fluid dynamics, electronics, electromagnetics, and design optimization.

How many employees does Ansys have?

Ansys employs over 4,000 professionals, including a significant number of master’s and Ph.D.-level engineers.

Who are the primary customers of Ansys?

Ansys serves over 50,000 customers globally, including industries such as aerospace, defense, automotive, and semiconductors.

What recent partnerships has Ansys announced?

Ansys has recently formed partnerships with SynMatrix to improve RF filter design workflows and with BAE Systems to advance digital engineering for the U.S. Department of Defense.

What is AnsysGPT?

AnsysGPT is an AI-powered virtual assistant that provides rapid, 24/7 customer support by leveraging ChatGPT technology and Ansys’ knowledge base.

What were Ansys' financial results for Q1 2024?

Ansys reported first-quarter 2024 revenue of $466.6 million with a GAAP diluted earnings per share of $0.40.

What is the significance of Ansys' acquisition by Synopsys?

The acquisition, expected to close in the first half of 2025, aims to create a leader in silicon-to-systems design solutions by combining Synopsys' and Ansys' expertise.

How does Ansys contribute to innovation?

Ansys reinvests 15% of its revenues annually into R&D and partners with leading organizations to advance simulation technologies and digital engineering.

What is the Ansys Academic Program?

The Ansys Academic Program provides software access to students and educators to support engineering education and research.

Where can I find more information about Ansys' financials and latest news?

You can visit the investor section of the Ansys website or major financial news websites for the latest updates and detailed financial reports.

Ansys Inc

Nasdaq:ANSS

ANSS Rankings

ANSS Stock Data

29.59B
87.10M
0.41%
96.42%
1.52%
Software - Application
Services-prepackaged Software
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United States of America
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