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3D Printing Stocks M&A image 3D Printing Stocks M&A » By The Online Investor Staff, updated Fri., Apr. 19, 11:23 AM Recent mergers and acquisitions in the 3D Printing Stocks M&A category.

This Slide: #36 of 50

Slide #36. ANSYS, Inc. — EVEN Evolutionary Engineering AG

Acquirer: ANSYS, Inc. (NASDAQ:ANSS)
Acquiree: EVEN Evolutionary Engineering AG
Details: ANSYS, Inc., a global innovator of simulation, and EVEN Evolutionary Engineering AG ("EVEN"), a leading provider of composite analysis and optimization technology relying on cloud computing, announced today that ANSYS has acquired EVEN, which will become ANSYS Switzerland, a wholly owned subsidiary of ANSYS, Inc. The terms of the transaction were not disclosed. Headquartered in Zurich, EVEN has 12 employees and has been a partner of ANSYS, offering EVEN's composite technologies through a product called ANSYS Composite PrepPost. This product is tightly integrated with ANSYS Mechanical in ANSYS Workbench and with ANSYS Mechanical APDL. EVEN also provides best-in-class engineering services in composites applications and in other areas in its fields of expertise.

Ansys develops and markets engineering simulation software and services used by engineers, designers, researchers and students. Co. focuses on the development of solutions that enable users to analyze designs directly on the desktop, providing a common platform for product development, from design concept to final-stage testing and validation. Co.'s Discovery™ product family allows every engineer to benefit from the insight of simulation in their product design. Co. also provides Ansys Workbench™ connectivity, empowering analysts to do geometry preparation for simulation in Discovery, including materials selections and upfront simulation, with transfer to Ansys Mechanical and Ansys Fluent.

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ANSS — Key Stats (updated 51 minutes ago)
Company Name:  Ansys Inc.
Stock buyback:  ANSS buyback
Website:  www.ansys.com
Sector:  Application Software
Number of ETFs Holding ANSS:  108
Total Market Value Held by ETFs:  $5.41B
Total Market Capitalization:  $28.44B
% of Market Cap. Held by ETFs:  19.02%
 

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April 19, 2024  •  11:23 AM Eastern
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Hold (2.08 out of 4)
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