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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.

News

New Ansys Fluent Web UI Supports Access to Massive, Multi-GPU CFD Simulations

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Ansys (NASDAQ: ANSS) announced Fluent Web UI, a web-based technology that enables users to remotely access simulations 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 up to 10x. This technology provides pervasive insights significantly faster for a wide range of CFD applications, including automotive under-hood heat transfer, gas turbine simulations, and external aerodynamics for aerospace applications. Ansys' cloud initiatives, Fluent Web UI complements other offerings to provide users with a comprehensive suite of tools, from design to validation. Customers can leverage native GPU solvers and AI solutions in the cloud or on premise to realize significant time-saving benefits across industry applications from automotive to aerospace.
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Ansys 2024 R1 Reimagines the User Experience while Expanding Multiphysics Superiority Boosted by AI

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Ansys (ANSS) introduces 2024 R1, a release that enhances the user experience with AI-driven digital engineering solutions, open architecture, and seamless collaboration. The new Ansys Design Language, integration, and scalability aim to streamline engineering workflows, facilitate stronger collaboration, and elevate project outcomes. The release also highlights the addition of AI-enabled solutions, such as Ansys SimAI™, to accelerate product development and foster creative design exploration.
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Ansys to Release Fourth Quarter and FY 2023 Earnings on February 21, 2024

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ANSYS, Inc. (ANSS) announced the upcoming release of its Q4 and FY 2023 earnings on February 21, 2024, and the suspension of quarterly earnings conference calls and guidance due to the pending acquisition by Synopsys, Inc. The acquisition will offer Ansys shareholders $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share, with an enterprise value of $35.0 billion. The transaction is expected to close in the first half of 2025, pending shareholder and regulatory approvals.
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Ansys and DXOMARK Partner on Breakthrough Solution to Validate Virtual Camera Systems

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Ansys and DXOMARK have partnered to provide an end-to-end camera solution that bridges the gap between physical measurements and simulation, offering the first solution on the market to reliably validate virtual models of camera systems. The collaboration will optimize designs and deliver valuable insights earlier in the development process, speeding time-to-market for products in various industries. The workflow will maximize product value and help customers align their products and services with current market trends.
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Humanetics Announces a Deeper Collaboration with Ansys to Enhance Human Safety

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Ansys (ANSS) and Humanetics have announced an expanded partnership to drive innovation in the human safety engineering ecosystem. The partnership aims to deliver more streamlined, accurate, and efficient product offerings for the automotive industry and beyond. Ansys has also entered into a definitive agreement to acquire a minority ownership interest in Humanetics, a leading provider of physical and digital human safety systems and sensor technologies.
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Synopsys to Acquire Ansys, Creating a Leader in Silicon to Systems Design Solutions

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Synopsys (NASDAQ: SNPS) has entered into a definitive agreement to acquire Ansys (NASDAQ: ANSS) for approximately $35 billion, combining semiconductor design technology and simulation and analysis to expand Synopsys' TAM by 1.5x to ~$28 billion. The combination is expected to enhance non-GAAP operating margins and unlevered FCF margins, be accretive to non-GAAP EPS within the second full year post-close, and substantially accretive thereafter. The implied per share consideration represents a premium of approximately 29% over Ansys' closing stock price on December 21, 2023, and a premium of approximately 35% to Ansys' 60-day volume-weighted average price for the period ending on the same date. The transaction is anticipated to close in the first half of 2025, subject to approval by Ansys shareholders, the receipt of required regulatory approvals, and other customary closing conditions.
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Ansys Launches Ansys SimAI™

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Ansys (ANSS) launches Ansys SimAI, an ultra-fast AI-based addition to its portfolio, accelerating the design process by 10-100X for projects requiring extensive computational power. The solution supports an open ecosystem and cloud-enabled access across all industries, democratizing simulation through intuitive interfaces and processes.
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Ansys Accelerates Autonomous Vehicle Development with NVIDIA Omniverse

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Ansys (ANSS) will integrate Ansys AVxcelerate Sensors within NVIDIA DRIVE Sim, powered by NVIDIA Omniverse, to enhance the development and validation of autonomous vehicle perception systems. Ansys will provide high-fidelity sensor simulation outputs for training and validation of perception ADAS/AV systems, addressing the significant challenges of AV safety and reliability. The integration aims to narrow the gap between reality and simulation, offering developers greater flexibility to develop, test, and validate autonomous vehicle software.
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Astrobotic Uses Ansys to Prepare for Historic Lunar Mission

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Ansys (ANSS) simulation solutions optimized mission planning and lunar lander design, increasing likelihood of success. Astrobotic's Peregrine lunar lander, scheduled to launch early January and land late February, will carry 20 payloads from seven nations and five NASA payloads in support of NASA's Commercial Lunar Payload Services (CLPS) initiative. Leveraging Ansys' virtual design and mission planning, the spacecraft is poised to make one of the first CLPS deliveries to the Moon, laying the foundation for further exploration and future human missions as part of the Artemis program.
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Ansys Launches AVxcelerate Autonomy, Streamlining Development and Validation of ADAS/AV Systems for L2+, L3, and Beyond

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Ansys (NASDAQ: ANSS) launches AVxcelerate Autonomy, a cloud-native, end-to-end solution reducing cost and time-to-compliance for L2+, L3, and above ADAS/AV systems by 100,000X. Co-developed with the BMW Group, this first-of-its-kind product empowers companies to further digital transformation efforts and achieve the majority of test driving required for compliance virtually.
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FAQ

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

The current stock price of Ansys (ANSS) is $332.38 as of November 15, 2024.

What is the market cap of Ansys (ANSS)?

The market cap of Ansys (ANSS) is approximately 29.2B.

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.

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Ansys Inc

Nasdaq:ANSS

ANSS Rankings

#418 Ranked by Market Cap
N/A Ranked by Dividends

ANSS Stock Data

29.17B
87.30M
0.41%
96.88%
1.54%
Software - Application
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United States of America
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