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PITTSBURGH - Ansys, part of Synopsys (NASDAQ:SNPS), announced Tuesday an agreement with NVIDIA to license, sell, and support Omniverse technology embedded within its simulation solutions. According to InvestingPro data, Ansys maintains an impressive 92.5% gross profit margin and has achieved nearly 16% revenue growth in the last twelve months, demonstrating its strong market position in the simulation software industry.
The integration will begin with Ansys’ computational fluid dynamics (CFD) and autonomous solutions, providing customers with streamlined access to Omniverse technologies and libraries directly through the Ansys interface. With a robust current ratio of 3.66 and an Altman Z-Score of 15.48, InvestingPro analysis indicates Ansys maintains exceptional financial stability to support such strategic technological investments.
The collaboration leverages Universal Scene Description (OpenUSD) to enable seamless workflows across diverse simulation applications. According to the company, this integration will enhance interoperability between various computer-aided engineering tools, creating a unified workflow particularly beneficial for complex CFD applications.
"Product development processes are only getting more complex, so modern teams need a virtual environment that allows them to simulate, visualize, iterate, and collaborate," said Walt Hearn, senior vice president of worldwide sales and customer excellence at Synopsys, in the press release.
The partnership aims to improve visualization of fluid dynamics in physically-based digital environments, allowing engineers to analyze complex datasets more intuitively. For autonomous systems development, the integration is designed to automate scenario generation and exploration for validation purposes.
Rev Lebaredian, vice president of Omniverse and simulation at NVIDIA, stated that combining "the predictive power of Ansys solvers with NVIDIA simulation technologies and libraries is a turning point for industries striving to simulate reality with precision."
The companies also highlighted PyAnsys-Heart as an example of their joint work—a digital twin of the human heart that provides simulation insights through a speech-to-text interface.
The agreement enables Ansys to distribute and support Omniverse technologies through its global network of sellers and channel partners, according to the announcement.
In other recent news, Synopsys has completed its acquisition of Ansys, making Ansys a wholly owned subsidiary. The transaction involved converting each Ansys share into 0.3399 shares of Synopsys common stock and $199.91 in cash. The merger followed Synopsys receiving all necessary regulatory approvals, including conditional approval from China’s State Administration for Market Regulation, which imposed specific conditions on customer contracts. This acquisition was initially announced in January 2024 and combines Synopsys’ silicon design solutions with Ansys’ simulation portfolio. Additionally, Ansys shareholders recently elected seven directors at their annual meeting, with each nominee receiving a majority of votes. Separately, The Trade Desk will join the S&P 500 index, replacing Ansys due to its acquisition by Synopsys. This inclusion is expected to drive significant buying pressure as index funds adjust their holdings.
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