Region has big stake in Big 3 Nov 19, 2008
But Canonsburg-based Ansys Inc. says it will be able to weather any Big Three shutdown because it has diversified into other fields. Auto design work for Ansys, which creates design and engineering analysis software, extends beyond Detroit to manufacturers in Europe, India and China, where auto manufacturing is a growth industry, said Ansys Vice President of Marketing Chris Reid. (Pittsburgh Post-Gazette, PA)
QLogic Introduces New Class of QDR InfiniBand Switches Based on the QLogic TrueScale Switch ASIC Platform Nov 17, 2008
NETtrack partners who have committed to certify interoperability of their HPC products with the QLogic 12000 Series include: AMD, ANSYS, CD-adapco, Clustercorp, Corning Cable Systems, DataDirect Networks, LSI Corporation, Network Equipment Technologies, Obsidian Strategics, Panasas, PANDUIT, Platform Computing, RAID Incorporated, RNA networks, SIMULIA, Symmetric Computing, Terascala, Texas Memory Systems and Zarlink Semiconductor. NETtrack partners will be able to test and certify their... (Primezone Releases)
Comment: Mentor acts out of the box Oct 11, 2008
John Isaac, Director of Systems market Development, described Mentor's understanding of the fluid dynamics market by stating that: "The application areas for computational fluid dynamics (CFD) is quite broad but all can leverage a strong core engine which Flomerics has. As a primary focus in the past, Flomerics has a number one position in the electronics cooling market and entry products in two other segments that all use the same powerful engine. Ansys has a small presence in the electronics... (EETimes)
Little solace: Regional stocks outperform Dow Sep 16, 2008
Small regional stocks dominate the list of top performers since the crisis began, paced by software developer Ansys (up 56 percent) and Calgon Carbon (up 53 percent). Even local stocks that have performed well over the last 15 months have not been immune to the credit concerns that have made for a very volatile market, said Daniel Henderson, president of Cookson, Pierce & Co., Downtown. (Pittsburgh Post-Gazette, PA)
8 Stocks Poised for Rapid Growth Sep 6, 2008
-based Ansys (), a maker of design software ... Ansys stock has gained 66% since my endorsement ... Ansys makes dozens of programs, each of which allows manufacturers to subject virtual products to mock physics. (SmartMoney)
Virtually Limitless Aug 30, 2008
8 Stocks Poised for Rapid Growth (Ansys, Apple, Buffalo Wild Wings, Central European Distribution, Darling International, Intuitive Surgical, Psychiatric Solutions, Quality Systems) at SmartMoney. com. (SmartMoney)
ANSYS hosts engineering conference in Downtown Pittsburgh Aug 27, 2008
Software maker ANSYS Inc. welcomes engineers from 32 countries to Pittsburgh this week for its annual engineering conference. Besides workshops and demonstrations, ANSYS (NASDAQ:ANSS) also will introduce 12 new products to an audience of about 800 engineers, analysts and managers ... Canonsburg-based ANSYS completed its acquisition of fellow Pittsburgh simulation software developer Ansoft Corp. in July. (Pittsburgh Business Times, PA)
Editor's Mailbag (Aug. 9) Aug 15, 2008
Illusions wrote on Aug 13, 2008 2:55 PM:" You know I use models in my business...You know how they are validated? Well I validate them against known systems. For example, Ansys allows me to model crack initiation and propagation, effects of strain in multiple directions and pretty much any other stress or strain induced behavior. Why do I trust the results? Its because I have used the model with systems where there is a lot of data....If the model concurrs with a body of data then I have... (Albany Democrat-Herald, OR)
Pittsburgh Tech Council names Tech 50 finalists Aug 14, 2008
James E. Cashman III, ANSYS Inc.. Dr. Giorgio Coraluppi, Compunetics, Inc./Compunetix, Inc.. (Pittsburgh Business Times, PA)
High-Tech Swimsuits: Winning Medals Too Aug 14, 2008
Speedo hired ANSYS Fluent known most recently for its work on the Formula One team BMW Sauber which used computational fluid dynamics to measure the parts of the body with the most drag. And biomechanists used flume testing (basically a lab set up in a pool, measuring drag as a current runs over the swimmer or mannequin) to measure exactly how much time each modification shed for the swimmer When I tried on the LZR, this drag-reducing technology was definitely the most pronounced advancement on... (Time.com)
Swimsuit worn by Phelps has Canadian connection Aug 12, 2008
Among the companies Speedo turned to in developing the full-body suit is ANSYS Inc., an American-based company whose office in Waterloo, Ont ... The swimsuit is a bit like a "girdle," said Michael Raw, vice-president of product development for the fluids business unit of ANSYS in Waterloo in southwestern Ontario ... Keith Hanna, European director of marketing for ANSYS, said developing the swimsuit was challenging because swimming involves, water flow, air flow, bubbles, breath and moving... (Yahoo News -- Auto Racing)
Pool of talent set to sink records Aug 9, 2008
ons and engineering software specialists with ANSYS Canada Ltd., based out of Waterloo, Ont. At last count, the LZR Racer had improved times by at least 2 per cent and had produced more than 45 world records. (Globe and Mail -- Sports)
ANSYS profit rises in 2Q Aug 8, 2008
ANSYS President and CEO Jim Cashman said in a prepared statement that the company s diversified global reach has helped drive customer demand ... These factors, coupled with the dedication and focus of the ANSYS team, continue to enable us to deliver on our commitments, Cashman said ... ANSYS (NASDAQ:ANSS) completed its acquistion of fellow Pittsburgh software developer Ansoft on July 31. (Pittsburgh Business Times, PA)
Standard & Poor's Announces Changes to U.S. Indices Jul 25, 2008
- SlCap 600 constituent ANSYS Inc. (Nasdaq: ) will replace TriQuint Semiconductor Inc. (Nasdaq: ) in the Sap 400, TriQuint will replace ANSYS in the SlCap 600, and Eclipsys Corp. (Nasdaq: ECLP) will replace Ansoft Corp. (Nasdaq: ) in the SlCap 600 after the close of trading on Thursday, July 31. Ansoft is being acquired by ANSYS in a transaction expected to close on or about that date ... ANSYS develops, markets and supports software solutions for design analysis and optimization. (PR Newswire)
Design Software Makers Ride Global Boom Jun 20, 2008
It's also a boon to U.S. design software makers such as Ansys, () Ansoft () and Autodesk, () which provide the tools needed to build infrastructure in fast-growing markets ... Ansys makes 3-D simulation and testing software for the auto, aerospace and chemical-processing industries ... The top line should get a boost from Ansys' planned $832 million buyout of Ansoft, which makes design tools for electronics makers. (Investors Business Daily)
ANSYS takeover of Ansoft delayed Jun 6, 2008
ANSYS (NSDQ: ANSS), based south of Pittsburgh in Cecil Township, had planned to complete the acquisition by June 30, the end of its second quarter ... ANSYS will pay about $832 million in stock and cash for South Side-based Ansoft (NASDAQ:ANST). (Pittsburgh Business Times, PA)
Ansoft profit rises May 30, 2008
ANSYS' acquisition of Ansoft has been approved by the and the Department of Justice, is and expected to close at the end of the second quarter. Ansoft (NASDAQ:ANST), which makes electronic design automation software, is based on Pittsburgh's South Side. (Pittsburgh Business Times, PA)
Ansoft profit rises 7.5 percent May 30, 2008
The company, founded in 1984, has agreed to be acquired by Canonsburg-based simulation software maker Ansys Inc. in a deal valued at $832 million ... 43 of a share of Ansys. (Pittsburgh Post-Gazette, PA)
The DFM melting pot May 24, 2008
Its products are integrated with those of a few other EDA vendors, like Cadence, Agilent, and Ansys, to name just three, and revenue rely less and less on DFM specific tools. Blaze DFM, instead, has not shed the DFM part of its name because it continues to address this market. (EETimes)
Long-Term Investor: Owens Profits By Distributing Medical Gear May 18, 2008
Investor's Business Daily: Owens Profits By Distributing Medical Gear. Owens Profits By Distributing Medical Gear. (Investors Business Daily)
ANSYS, Inc. Announces Annual Meeting of Stockholders and Sets Record Date Apr 11, 2008
April 11, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), the global innovator of simulation software and technologies designed to optimize product development processes, announced today that its Annual Meeting of Stockholders will be held on Wednesday, May 14, 2008, at 2:00 p.m. Eastern Time at the Southpointe Club located at Southpointe, 360 Southpointe Blvd. in Canonsburg, Pennsylvania ... ANSYS, Inc., founded in 1970, develops and globally markets engineering simulation software and... (Primezone Releases)
Ansoft Corp. Apr 1, 2008
ANSYS to buy Ansoft in Pittsburgh link-up - Pittsburgh Business Times ... ANSYS to buy Ansoft in Pittsburgh link-up ... ANSYS (NASDAQ:ANSS), based in Cecil Township, south of Pittsburgh, said the boards of both companies have approved the deal, which is expected to close during the second fiscal quarter. (Pittsburgh Business Times, PA)
ANSYS to buy Ansoft in Pittsburgh link-up Apr 1, 2008
ANSYS (NASDAQ:ANSS), based in Cecil Township, south of Pittsburgh, said the boards of both companies have approved the deal, which is expected to close during the second fiscal quarter ... 431882 common shares of ANSYS. That implies a purchase price of $32 ... ANSYS is Pittsburgh's 30th-largest public company, as ranked by revenue, according to the Pittsburgh Business Times, with about $263 million in 2007. (Pittsburgh Business Times, PA)
Ansys-Ansoft deal unites software successes Apr 1, 2008
Canonsburg-based simulation software maker Ansys Inc. has struck a deal to buy Ansoft Corp. for approximately $832 million in cash and Ansys common stock ... 43 of a share of Ansys ... Ansys' stock dropped by 9. (Pittsburgh Post-Gazette, PA)
Ansys to acquire Ansoft for $832 million Apr 1, 2008
NEW YORK -- Engineering simulation software maker Ansys Inc. said Monday that it would acquire Ansoft Corp. for about $832 million in cash and stock to broaden its simulation capabilities. Ansys expects the deal, which the boards of both companies have unanimously approved, to modestly boost its earnings in the first full year of combined operations ... 431882 common shares of Ansys. (EETimes)
ANSYS, Inc. Signs Definitive Agreement to Acquire Ansoft Corporation Mar 31, 2008
Source: ANSYS, Inc.; Ansoft Corporation ... and PITTSBURGH, March 31, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), a global innovator of simulation software and technologies designed to optimize product development processes, and Ansoft Corporation (NasdaqGS: - ), a global provider of Electronic Design Automation (EDA) software, announced today that they signed a definitive agreement whereby ANSYS will acquire Ansoft for a purchase price of approximately $832 million in a mix of cash and... (Primezone Releases)
ANSYS CEO to Present At Bank of America 2008 SMID Cap Conference Mar 26, 2008
March 26, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), a global innovator of simulation software and technologies designed to optimize product development processes, announced today that James E. Cashman III, President and Chief Executive Officer of ANSYS, Inc., will present a company overview at the Bank of America 2008 SMID Cap Conference in Boston, Massachusetts on Thursday, March 27, 2008, at 8:00 am Eastern Time ... ANSYS, Inc., founded in 1970, develops and globally markets... (Primezone Releases)
ANSYS Ranked No. 9 On WSJ Shareholder Scoreboard Mar 3, 2008
March 3, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been listed among top performers on the 2007 Shareholder Scoreboard compiled by The Wall Street Journal ... ANSYS was ranked #9 on the best performers' 10-year list, with a 36 ... In addition, ANSYS was ranked #1 in the Software Industry Group with a 1-year return of 90. (Primezone Releases)
Engineering The World's Fastest Swimsuit Mar 1, 2008
Speedo harnessed the expertise of NASA and a number of international research institutes and industrial partners such as ANSYS, one of the world's leading engineering simulation software providers, to create the new suit ... (ANSYS is the CFD partner and provider. (Science Daily)
ANSYS Reports Record Fourth Quarter and Annual Results Driven by Organic Revenue Growth Feb 21, 2008
Feb. 21, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), a global innovator of simulation software and technologies designed to optimize product development processes, today reported its fiscal fourth quarter and full year 2007 results ... We are pleased to report the strongest quarterly and annual performance in our Company's history, including our first quarter of over $100 million in revenue,'' commented ANSYS President & CEO Jim Cashman ... By focusing on maximizing the strengths and... (Primezone Releases)
U.S. economy's fallout minimal on local firms Jan 26, 2008
"Recessions don't last forever," said Maria Shields, chief financial officer of Cecil-based engineering and software development firm Ansys Inc. ... One technology firm convinced of its worldwide approach in the face of a possible U.S. recession is Ansys, the 1,400-person technology outfit in Cecil ... Thus, the belief is that "we're a little more recession-resistant than perhaps some other companies," said Ms. Shields, Ansys' chief financial officer. (Pittsburgh Post-Gazette, PA)
DOE awards record amount of supercomputing power Jan 18, 2008
Industry partners receiving the awards include Ansys; Boeing; Corning; Gene Network Sciences; General Atomics; General Motors; Pratt and Whitney; and Procter e.. marks its fifth year by supporting research into protein folding and its role in health, climate predictions and climate change, energy, combustion chemistry simulations, and modeling supernova explosions and simulating black holes. (EETimes)
ANSYS to Release Fourth Quarter and Year-to-Date 2007 Earnings February 21, 2008 Jan 17, 2008
Jan. 17, 2008 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), announced today that the global innovator of simulation software and technologies designed to optimize product development processes expects to release its fourth quarter and year-to-date 2007 earnings on Thursday, February 21, 2008 ... What: ANSYS Fourth Quarter and Year-to-Date 2007 Earnings Conference Call ... Passcode: ANSYS (26797). (Primezone Releases)
ANSYS CEO to Present At Tenth Annual Needham & Company Growth Conference Dec 31, 2007
ANSYS CEO to Present At Tenth Annual Needham & Company Growth Conference: Financial News - Yahoo ... ANSYS CEO to Present At Tenth Annual Needham & Company Growth ConferenceMonday December 31, 8:00 am ET ... Dec. 31, 2007 (PRIME NEWSWIRE) -- ANSYS, Inc. (NasdaqGS: - ), a global innovator of simulation software and technologies designed to optimize product development processes, announced today that James E. Cashman III, President and Chief Executive Officer of ANSYS, Inc., will present a company... (Primezone Releases)
Large charitable gifts have little to do with calendar Dec 13, 2007
For Dr. Swanson, founder of Ansys, there was no benefit to giving in December, despite the timing of the announcement. "Pure coincidence," he said. (Pittsburgh Post-Gazette, PA)
Pitt renaming engineering school after largest individual donor Dec 6, 2007
Pitt will use the money from Ansys Inc. founder John A. Swanson to upgrade Benedum Hall, home of its engineering school ... Swanson founded Ansys in 1970. (Somerset Daily American, PA)
Pitt to rename school for donor Dec 6, 2007
In 1970, Swanson founded ANSYS, a Cecil Township-based company that markets software for use by the aerospace, automotive, biomedical, manufacturing and electronics industries to simulate how product design will behave in real-work environments. Swanson retired from ANSYS (NASDAQ:ANSS) in 1999. (Pittsburgh Business Times, PA)
After gift, Pitt renames engineering school Dec 6, 2007
Pam Panchak/Post-Gazette Pitt alumnus and Ansys founder John A. Swanson at yesterday's announcement ... The university announced yesterday that Dr. Swanson -- founder of Ansys Inc. in Southpointe, Washington County -- has donated $41 ... Ansys, which Dr. Swanson founded as Swanson Analysis Systems Inc. in 1970, now has 1,400 employees. (Pittsburgh Post-Gazette, PA)
Pitt to unveil largest gift by individual Dec 5, 2007
3 million from alumnus and Ansys founder John Swanson ... founded in 1970 what is now called Ansys Inc., a global engineering software firm with 1,400 employees in Southpointe, Washington County. (Pittsburgh Post-Gazette, PA)
Ends lower, banks down Nov 28, 2007
Engineering and technology company Ansys rallied 11. 36 percent to 2. (iAfrica.com)
ANSYS profit, revenue rises Nov 2, 2007
In a statement, ANSYS President and CEO Jim Cashman said it was a "very solid quarter for ANSYS." He added that the company's "outlook is positive (and) our business momentum is good.". Related Industry News. (Pittsburgh Business Times, PA)
Tech 50 winners announced Oct 15, 2007
Information technology: ANSYS Inc., based in Cecil Township. ANSYS makes simulation software. (Pittsburgh Business Times, PA)
AMD Introduces the World's Most Advanced x86 Processor, Designed for the Demanding Datacenter Sep 10, 2007
Industry Support Absoft "The new Quad-Core AMD Opteron(TM) processor is exciting for our customers because it is the first native quad-core solution on a single piece of silicon. Further, the improved I/O, core and cache enhancements allow higher performance while consuming less energy. This is exactly what Absoft Fortran customers want for their HPC clusters and high performance workstations. Absoft has been working with AMD to develop new AMD specific optimizations for its latest Absoft... (Canada Newswire)
ANSYS Makes List of 40 Fastest-Growing Software Companies Aug 9, 2007
Aug. 9 /CNW/ -- ANSYS, Inc. (Nasdaq: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it is the second-ranked company on Baseline magazine's list of 40 Fastest-Growing Software Companies. ANSYS was the only computer-aided engineering (CAE) software company that made the list ... In 2006, aided by the Fluent Inc. acquisition, ANSYS revenue jumped more than 66 percent. (Canada Newswire)
Leading Australian Defense Company, Tenix, Selects ANSYS as its Enterprise-Wide CAE Software Supplier Aug 7, 2007
Aug. 7 /CNW/ -- ANSYS, Inc. (Nasdaq: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that Tenix Pty Limited has selected a comprehensive computer-aided engineering (CAE) software suite from ANSYS, Inc. to meet the needs of its aerospace, land, marine and electronics systems divisions. Tenix, one of southeast Asia's largest independent defense and technology contractors with operations spread throughout... (Canada Newswire)
ITER Selects ANSYS Solutions for Design of Experimental Nuclear Fusion Facility Aug 6, 2007
Aug. 6 /CNW/ -- ANSYS, Inc. (Nasdaq: ANSS), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that the multinational organization ITER has adopted software from ANSYS to validate the design of its groundbreaking international fusion power plant development project ... Engineering simulation solutions from ANSYS will be used to accelerate research and development by optimizing key components of the experimental fusion... (Canada Newswire)
ANSYS swings to profit Aug 3, 2007
In a statement, ANSYS President and CEO Jim Cashman said, "This quarter's results continue the momentum that we have seen building over the past several quarters and reflect the strength of our diversified global business.". Entrepreneur Case Studies. (Pittsburgh Business Times, PA)
Virtual Virtue Jul 13, 2007
No Slacking at Ansys as Sales Take Off ... No Slacking at Ansys as Sales Take Off ... You Are Viewing: No Slacking at Ansys as Sales Take Off (Ansys, Autodesk, Guess, Lifetime Fitness, Precision Castparts). (SmartMoney)
Intel cables, spec aim to boost clusters Jun 28, 2007
So far only a handful of companies have signed up including just two major computer makers Dell and SGI and a handful of smaller cluster specialists including Ansys, Platform and Transtec. "We are just getting started with this program," said Herbert Cornelius, director of Intel's advanced computing center. (EETimes)
HP Microsoft Unite for HPC Jun 27, 2007
In addition to the agreement between HP and Microsoft, the two companies inked a deal with Ansys, which creates simulation software and other technologies for oil and gas companies as well as financial institutions. These two vertical markets are some of the largest users of HPC hardware and software. (eWeek)
HP and Microsoft Alliance Continues to Drive Productivity in High-performance Computing Jun 26, 2007
HP and Microsoft team with ANSYS to bring HPC to vertical industries ... To help more customers take advantage of HPC solutions based on Windows, HP and Microsoft are teaming with ANSYS, Inc., a global innovator of simulation software and technologies ... The three companies are delivering the ANSYS portfolio of CAE applications as part of a cost-effective, easy-to-use and security-enhanced Windows HPC solution. (BusinessWire)
G8 summiut urged to speed up aid to African countries Jun 6, 2007
Online Edition Powered By IOL. Paris - The head of the Organisation for Economic Co-operation and Development (OECD) yesterday called on rich countries in the Group of Eight (G8) to triple aid to Africa between now and 2010 to make up for delays in fulfilling pledges given at a G8 summit two years ago. (Business Report, South Africa)
Mutual Funds &Personal Finance May 18, 2007
Ansys () is up 28% this year ... Automakers, for instance, can use Ansys software to test what-if scenarios in engineering a vehicle. (Investors Business Daily)
Tools make EDA MEMS-capable May 9, 2007
SoftMEMS' tools enable EEs to use general-purpose modeling and simulation tools from companies such as Ansys Inc. (Canonsburg, Pa ... From here to thereBesides EDA tools, SoftMEMS' glue software can to mechanical design and automation (MDA) tools from Ansys, Comsol Open Engineering, Dassault-Abaqus and MSC Software. (EETimes)
Profit up for ANSYS May 5, 2007
"These results are the outcome of the persistent dedication and efforts of the global ANSYS team and demonstrate our continued progress in executing on our long-term vision," Jim Cashman, president and CEO of ANSYS, said in a statement. "We entered into this fiscal year with enthusiasm and momentum, and we continue to be pleased with the measurable progress against our integration plans for the Fluent acquisition.". (Pittsburgh Business Times, PA)
The Software Trick: Find a Niche Apr 29, 2007
I have buy recommendations on three companies: Autodesk (ADSK), ANSYS (ANSS), and Parametric Technology (PMTC) ... Another company that should benefit from the factors mentioned above is ANSYS, a developer of engineering software that simulates physical response to varying levels of stress, pressure, temperature, and velocity ... ANSYS has partnerships with leading CAD vendors including Autodesk and Parametric Technology. (MSNBC -- Business)
Plus: S&P's Q1 Outlook for Tech Earnings Apr 16, 2007
But he expects several CAD/CAM (computer-aided design/computer-aided manufacturing) companies, including ANSYS (; 3 STARS), Parametric (; 4 STARS), and Autodesk (; 4 STARS), to report strong results. Yin is more cautious on companies that focus primarily on software security, due to increased competition from Microsoft (; 3 STARS) with the launch of Windows Vista. (BusinessWeek)
Siemens, Dassault, Parametric could vie with Asians for smaller ALM players Mar 31, 2007
The biggest listed targets in the design-for-manufacturability (DFM) and application lifecycle management (ALM) space are listed Parametric Technology of Massachusetts and Dassault Systemes of France, along with smaller listed Ansys of Pennsylvania and Agile Software of California ... That could spur some of the smaller ALM players to consolidate, such as Agile with Ansys, one industry banker said, now that both have restated their financials as a result of the federal options probe. (FT.com -- Markets)
ANSYS grows profit Feb 21, 2007
"During 2006, despite the significant time and resources that were invested in our Fluent integration activities, the results for the fourth quarter and the year demonstrate the outcome of the continued focus of and execution by the ANSYS team," president and CEO Jim Cashman said in a statement. For the first quarter of 2007, ANSYS expects to earn 28 cents to 34 cents a share, on revenue of between $83 million and $85 million ... The news sent ANSYS' share price higher. (Pittsburgh Business Times, PA)
Jacqueline Morby Jan 7, 2007
Its local investments have included Medrad Inc., Ansys Inc. and HVL/Douglas Laboratories ... One was [engineering software maker] Ansys, in 1994, which was really a leveraged buyout from the founder, John Swanson. (Pittsburgh Post-Gazette, PA)
