Finance veteran replaces Nicole Anasenes, who will depart company in June PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that finance veteran Rachel Pyles will become the company's new chief financial officer, effective February 22, 2024. Pyles replaces Nicole Anasenes, who previously announced her planned departure from Ansys to focus on advisory and board work. Anasenes will remain with the company as a strategic adviser until June 2024 to ensure a smooth transition. Pyles ...

ANSYS Inc (ANSS) is scheduled to report fourth-quarter 2023 results on Feb 21.The company expects non-GAAP earnings per share (EPS) in the range of $3.48-$3.89 as announced in November 2023. The Zacks Consensus Estimate for EPS is pegged at $3.70, unchanged in the past 60 days. The figure indicates an increase of 19.7% from the year-ago quarter’s reported figure.Non-GAAP revenues are anticipated between $769.2 million and $819.2 million as announced in November 2023. The Zacks Consensus Estimate for revenue ...

The upcoming report from Ansys (ANSS) is expected to reveal quarterly earnings of $3.70 per share, indicating an increase of 19.7% compared to the year-ago period. Analysts forecast revenues of $791.61 million, representing an increase of 14% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Before a company reveals its earnings, it is vital ...

Ansys simulation solutions will help digitalize and standardize product development processes across the Schaeffler enterprise/ Key Highlights Ansys solutions will help decarbonize product development and shape design strategies for hybrid/electric powertrain solutions and industrial applications Ansys will support digital transformation within the Schaeffler enterprise by standardizing workflows to improve product development efficiency and manage material waste PITTSBURGH, Feb. 14, 2024 /PRNewswire/ -- A ...

The web-based technology unlocks the power of cloud computing for faster CFD simulations, reducing reliance on hardware resources/ Key Highlights Ansys Fluent Web user interface™ (UI) enables users to remotely interact with simulations running on the cloud anywhere 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 ...

NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: Carrols Restaurant Group, Inc. (NASDAQ:TAS ...

An expanded partnership between Ansys and Humanetics will unlock new levels of value and accuracy in the human safety engineering ecosystem/ Key Highlights Ansys has entered into a definitive agreement to acquire a minority ownership interest in Humanetics to strengthen their existing relationship Ansys and Humanetics intend to expand their partnership to further push innovation in the human safety engineering ecosystem This partnership will drive greater value for customers in the automotive industry and ...

As the artificial intelligence (AI) race heats up, investors have become increasingly aware of the powerful position of electronic design automation (EDA) software companies. That's because these companies deal with a type of design suite specifically for semiconductors that are so vital to AI's development. As a result, industry leaders Synopsys (SNPS 4.65%) and Cadence Design Systems (CDNS 4.71%) have been off to the races, sporting respective gains of 59% and 71% since the start of 2023. Synopsys stock h ...

Ansys (ANSS) and Synopsys (SNPS) have officially announced their entry into a definitive agreement, paving the way for Synopsys to acquire Ansys. The terms of the agreement outline that Ansys shareholders will receive $197 in cash along with 0.3450 shares of Synopsys common stock for each Ansys share.This deal, valued at approximately $35 billion, reflects an implied per-share consideration of $390.19 and represents a premium of about 29% over Ansys' closing stock price on Dec 21, 2023. Ansys shareholders a ...

Key TakeawaysChip design software maker Synopsys Inc. on Tuesday announced a cash-and-stock deal to acquire simulation software company Ansys Inc. that's valued at $35 billion.The deal brings together Synopsys' semiconductor electronic design automation (EDA) with longtime partner Ansys' simulation technology.Synopsys said it plans to fund the bulk of the $19 billion cash portion of the deal with a debt offering.Synopsys stock rose about 1.5% in intraday trading Tuesday after the announcement.Synopsys Inc. ...