ANSYS Inc.

Company Snapshot

Founded: 1970
Entity Type: Public
Employees: 6,500
Region: U.S.
Revenue: $2,544.8 Millions
Revenue Year: 2024
Headquarter: Pennsylvania, U.S.
Key Geographics: U.S., Japan, Germany, China and Hong Kong, South Korea, Other EMEA, Other International
Corporate Address: 2600 Ansys Drive Canonsburg, Pennsylvania 15317 U.S. Tel. +1-844-462-6797 www.ansys.com

Company Overview

Ansys, Inc., develops and globally markets engineering simulation software and services widely used by engineers, designers, researchers and students across a broad spectrum of industries and academia, including high-tech, aerospace and defense, automotive, energy, industrial equipment, materials and chemicals, consumer products, healthcare and construction. The company distributes a suite of simulation technologies through direct sales offices in strategic, global locations and a global network of independent resellers and distributors. The Twin Builder product allows customers to implement complete virtual prototypes of real-world systems. These can be deployed to manage the entire lifecycle of products and assets.

In January 2024, Ansys entered into an Agreement and Plan of Merger with Synopsys, Inc., a Delaware corporation. The merger agreement provides for the merger of Merger Sub with and into Ansys, with Ansys surviving the merger as a wholly owned subsidiary of Synopsys. The company anticipates the transaction to close in the first half of 2025.

ANSYS Inc. In Reports

Global Digital Twin Market

BCC Research Market Analyst says global market for digital twins was valued at $11.5 billion in 2023. The market is expected to grow from $18.2 billion in 2024 to $119.3 billion by the end of 2029, at a CAGR of 45.7%.

The Market for Thermal Management Technologies

Discover the comprehensive analysis of the Thermal Management Market, focusing on technologies and materials. Unveil the market size and key trends to make informed decisions.

The Market for Thermal Management Technologies

Global market for thermal management technologies should grow from $14.5 billion in 2021 to $20.9 billion by 2026 with a CAGR of 7.6% for 2021-2026.

Company's Business Segments

  • Software licenses : Subscription lease licenses, Perpetual licenses, Others
  • Maintenance and service : Maintenance, Services, Others

Applications/End User Industries

  • Aerospace
  • Automotive
  • Transportation
  • Construction
  • Consumer Products
  • Energy
  • Healthcare
  • High Tech
  • Defense
  • Mobility
  • Industrial Equipment
  • Materials and Chemicals Processing
  • Sports