Jun 30, 2011 | Hot Topics
I spent a good part of the day learning about Apache, the company ANSYS announced today it was planning to buy. While I can’t say that I understand exactly how PowerArtist, Totem, RedHawk and Sentinel work, here’s what I’ve learned since the first...Jun 30, 2011 | Hot Topics
ANSYS today announced that it intends to acquire Apache Design Solutions, Inc., which provides advanced, low power solutions in the electronics industry for approximately $310 million in cash. I am told that Apache was just about to price its IPO, so we’ll have to...
Feb 28, 2011 | Hot Topics
[Note: ANSYS provided additional information on its results last week; below is a hybrid of my original post and the updates. Many thanks to Annette Arribas, Investor Relations and Global Insurance Officer for ANSYS, for her quick response to my questions. —...Feb 24, 2011 | Hot Topics
ANSYS reported results today for the fourth quarter and fiscal 2010 that are middling from a growth perspective, but handily beat profit expectations, leading happy investors to raise the share price nearly 4% in pre-market trading.Total revenue in Q4 was $167...