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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ansys's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

Ansys and Schrödinger are collaborating to accelerate materials discovery and optimize product development through an integrated computational materials engineering (ICME) approach. This collaboration will empower Ansys customers to make critical decisions earlier in the design process, leading to more optimized materials, components, and manufacturing workflows.

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1.07%
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Rhea-AI Summary

ANSYS, Inc. reported Q1 2024 revenue of $466.6 million, down 8% from Q1 2023. GAAP diluted EPS was $0.40, non-GAAP EPS was $1.39. ACV was $407.4 million. Deferred revenue and backlog stood at $1,369.5 million. The company expects double-digit growth in ACV and revenue for FY 2024. An agreement with Synopsys, Inc. for acquisition is pending.

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-2.16%
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Rhea-AI Summary

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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-1.51%
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AI
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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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-0.47%
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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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0.8%
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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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0.18%
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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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0.12%
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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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-0.55%
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partnership
Ansys Inc

Nasdaq:ANSS

ANSS Rankings

ANSS Stock Data

28.38B
86.64M
0.42%
99.09%
1.71%
Software Publishers
Information
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United States of America
CANONSBURG

About ANSS

founded in 1970, ansys employs more than 2,900 professionals, and many of them are engineers expert in fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, and design optimization. our staff includes more master’s and ph.d.-level engineers than any other simulation provider. ansys is passionate about pushing the limits of world-class technology, all so our customers can turn their design concepts into successful, innovative products. the company has been recognized as one of the world's most innovative and fastest -growing companies by prestigious organizations including businessweek and fortune magazines. over the years, our steady growth and financial strength reflect our commitment to innovation and r&d. we reinvest 15 percent of our revenues each year into research to continually refine our software. we are listed on the nasdaq stock exchange.