Ansys Inc is a global leader in engineering simulation software that enables organizations to design and test products across various industries more efficiently
The company provides a comprehensive suite of simulation tools that assist engineers in evaluating product performance and behavior under real-world conditions. By offering solutions for structural, fluid, electromagnetic, and thermal analysis, Ansys helps businesses innovate and optimize their products, reduce development costs, and improve time-to-market. The company's software is widely utilized by manufacturers in sectors such as aerospace, automotive, electronics, and energy, supporting the creation of more sustainable and reliable technologies.
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
ANSYS trades at $346 per share and has stayed right on track with the overall market, gaining 16.7% over the last six months. At the same time, the S&P 500 has returned 14.7%.
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$35 billion acquisition by Synopsys of Ansys unit for EU approval, awaiting feedback from rivals and customers by Dec 16.Synopsys plans to divest Ansys unit to win EU approval for $35 billion acquisition, awaiting feedback by Dec 16, also offering to sell Optical Solutions Group and PowerArtist.
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Engineering simulation software provider Ansys (NASDAQANSS) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 31.2% year on year to $601.9 million. Its non-GAAP profit of $2.58 per share was also 49.1% above analysts’ consensus estimates.
