In August 2021, ANSYS inked an agreement with EQT Private Equity to acquire Zemax, LLC.
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Synergies from the buyout of Analytical Graphics and Phoenix Integration are likely to get reflected in the third-quarter top line.Īnalytical Graphics specializes in providing analysis and simulation solutions for defense and aerospace verticals, including critical missions like satellite launches, while Phoenix is a software-maker specializing in model-based engineering and model-based systems engineering software solutions. This combination will provide the automation and process engineers with innovative ways to utilize simulation to enhance industrial operations' design, deployment, and performance. In September 2021, ANSYS collaborated with Rockwell Automation to integrate the latter’s Studio 5000 Simulation Interface with ANSYS digital twins’ platform. The deal wins in the defense vertical across North America and EMEA also remain noteworthy.īusiness gains derived from its various collaborations, including the likes of Microsoft MSFT and Rockwell Automation are likely to have helped the company acquire more customers and boost its quarterly performance. Strong channel distribution, go-to-market momentum, increasing customer base and a robust pipeline are expected to have contributed to annual contract value (ACV). Improving business conditions at small and medium-sized customers are likely to have aided revenues in the to-be-reported quarter. The increasing clout of digital twins and process optimization solutions is likely to have acted as a tailwind. These factors are expected to have contributed to the momentum in recurring revenues and positively impacted the company’s top-line performance in the third quarter. ANSYS’ simulation solutions are expected to have witnessed incremental adoption in the verticals like aerospace & defense, high tech, ground transportation and automotive as the COVID-19 situation eases across several parts of the world.Īcceleration in chip designing activity in the semiconductor space also bodes well.
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