<s>
Ansys	B-Application
,	I-Application
Inc	I-Application
.	I-Application
is	O
an	O
American	O
multinational	O
company	O
with	O
its	O
headquarters	O
based	O
in	O
Canonsburg	O
,	O
Pennsylvania	O
.	O
</s>
<s>
It	O
develops	O
and	O
markets	O
CAE/multiphysics	O
engineering	O
simulation	O
software	O
for	O
product	O
design	O
,	O
testing	O
and	O
operation	O
and	O
offers	O
its	O
products	O
and	O
services	O
to	O
customers	O
worldwide	O
.	O
</s>
<s>
Ansys	B-Application
was	O
founded	O
in	O
1970	O
by	O
John	O
Swanson	O
,	O
who	O
sold	O
his	O
interest	O
in	O
the	O
company	O
to	O
venture	O
capitalists	O
in	O
1993	O
.	O
</s>
<s>
Ansys	B-Application
went	O
public	O
on	O
NASDAQ	O
in	O
1996	O
.	O
</s>
<s>
Ansys	B-Application
became	O
a	O
component	O
of	O
the	O
NASDAQ-100	O
index	O
on	O
December	O
23	O
,	O
2019	O
.	O
</s>
<s>
The	O
idea	O
for	O
Ansys	B-Application
was	O
first	O
conceived	O
by	O
John	O
Swanson	O
while	O
working	O
at	O
the	O
Westinghouse	O
Astronuclear	O
Laboratory	O
in	O
the	O
1960s	O
.	O
</s>
<s>
At	O
the	O
time	O
,	O
engineers	O
performed	O
finite	B-Application
element	I-Application
analysis	I-Application
(	O
FEA	O
)	O
by	O
hand	O
.	O
</s>
<s>
Westinghouse	O
rejected	O
Swanson	O
's	O
idea	O
to	O
automate	O
FEA	O
by	O
developing	O
general	O
purpose	O
engineering	O
software	O
,	O
so	O
Swanson	O
left	O
the	O
company	O
in	O
1969	O
to	O
develop	O
the	B-Application
software	I-Application
on	O
his	O
own	O
.	O
</s>
<s>
He	O
founded	O
Ansys	B-Application
under	O
the	O
name	O
Swanson	O
Analysis	O
Systems	O
Inc	O
.	O
(	O
SASI	O
)	O
the	O
next	O
year	O
,	O
working	O
out	O
of	O
his	O
farmhouse	O
in	O
Pittsburgh	O
.	O
</s>
<s>
Swanson	O
developed	O
the	O
initial	O
Ansys	B-Application
software	O
on	O
punch-cards	O
and	O
used	O
a	O
mainframe	O
computer	O
that	O
was	O
rented	O
by	O
the	O
hour	O
.	O
</s>
<s>
Westinghouse	O
hired	O
Swanson	O
as	O
a	O
consultant	O
,	O
under	O
the	O
condition	O
that	O
any	O
code	O
he	O
developed	O
for	O
Westinghouse	O
could	O
also	O
be	O
included	O
in	O
the	O
Ansys	B-Application
product	O
line	O
.	O
</s>
<s>
Westinghouse	O
also	O
became	O
the	O
first	O
Ansys	B-Application
user	O
.	O
</s>
<s>
By	O
1991	O
SASI	O
had	O
153	O
employees	O
and	O
$29	O
million	O
in	O
annual	O
revenue	O
,	O
controlling	O
10	O
percent	O
of	O
the	O
market	O
for	O
finite	B-Application
element	I-Application
analysis	I-Application
software	B-Application
.	I-Application
</s>
<s>
In	O
1992	O
,	O
SASI	O
acquired	O
Compuflo	O
,	O
which	O
marketed	O
and	O
developed	O
fluid	O
dynamics	O
analysis	O
software	B-Application
.	I-Application
</s>
<s>
Peter	O
Smith	O
was	O
appointed	O
CEO	O
and	O
SASI	O
was	O
renamed	O
after	O
the	B-Application
software	I-Application
,	O
Ansys	B-Application
,	O
the	O
following	O
year	O
.	O
</s>
<s>
Ansys	B-Application
went	O
public	O
in	O
1996	O
,	O
raising	O
about	O
$46	O
million	O
in	O
an	O
initial	O
public	O
offering	O
.	O
</s>
<s>
By	O
1997	O
,	O
Ansys	B-Application
had	O
grown	O
to	O
$50.5	O
million	O
in	O
annual	O
revenue	O
.	O
</s>
<s>
In	O
the	O
late	O
1990s	O
,	O
Ansys	B-Application
shifted	O
its	O
business	O
model	O
away	O
from	O
software	O
licenses	O
,	O
and	O
corresponding	O
revenue	O
declined	O
.	O
</s>
<s>
From	O
1996	O
to	O
2000	O
,	O
profits	O
at	O
Ansys	B-Application
grew	O
an	O
average	O
of	O
160	O
percent	O
per	O
year	O
.	O
</s>
<s>
In	O
November	O
2020	O
,	O
South	O
China	O
Morning	O
Post	O
reported	O
that	O
Ansys	B-Application
software	O
had	O
been	O
used	O
for	O
Chinese	O
military	O
research	O
in	O
the	O
development	O
of	O
hypersonic	O
missile	O
technology	O
.	O
</s>
<s>
In	O
October	O
2022	O
,	O
Washington	O
Post	O
reviewed	O
procurement	O
documents	O
and	O
confirmed	O
that	O
Ansys	B-Application
technology	O
had	O
been	O
acquired	O
by	O
seven	O
Chinese	O
entities	O
present	O
on	O
either	O
the	O
export	O
blacklist	O
or	O
with	O
known	O
links	O
to	O
Chinese	O
missile	O
technology	O
.	O
</s>
<s>
Ansys	B-Application
said	O
that	O
it	O
and	O
its	O
subsidiaries	O
have	O
no	O
records	O
of	O
the	O
indicated	O
sales	O
or	O
shipments	O
and	O
suggested	O
that	O
piracy	O
may	O
have	O
been	O
involved	O
.	O
</s>
<s>
Ansys	B-Application
develops	O
and	O
markets	O
engineering	O
simulation	O
software	O
for	O
use	O
across	O
the	O
product	O
life	O
cycle	O
.	O
</s>
<s>
Ansys	B-Application
Mechanical	O
finite	B-Application
element	I-Application
analysis	I-Application
software	O
is	O
used	O
to	O
simulate	O
computer	O
models	O
of	O
structures	O
,	O
electronics	O
,	O
or	O
machine	O
components	O
for	O
analyzing	O
the	O
strength	O
,	O
toughness	O
,	O
elasticity	O
,	O
temperature	O
distribution	O
,	O
electromagnetism	O
,	O
fluid	O
flow	O
,	O
and	O
other	O
attributes	O
.	O
</s>
<s>
Ansys	B-Application
is	O
used	O
to	O
determine	O
how	O
a	O
product	O
will	O
function	O
with	O
different	O
specifications	O
,	O
without	O
building	O
test	O
products	O
or	O
conducting	O
crash	O
tests	O
.	O
</s>
<s>
For	O
example	O
,	O
Ansys	B-Application
software	O
may	O
simulate	O
how	O
a	O
bridge	O
will	O
hold	O
up	O
after	O
years	O
of	O
traffic	O
,	O
how	O
to	O
best	O
process	O
salmon	O
in	O
a	O
cannery	O
to	O
reduce	O
waste	O
,	O
or	O
how	O
to	O
design	O
a	O
slide	O
that	O
uses	O
less	O
material	O
without	O
sacrificing	O
safety	O
.	O
</s>
<s>
Most	O
Ansys	B-Application
simulations	O
are	O
performed	O
using	O
the	O
Ansys	B-Application
Workbench	O
system	O
,	O
which	O
is	O
one	O
of	O
the	O
company	O
's	O
main	O
products	O
.	O
</s>
<s>
Typically	O
Ansys	B-Application
users	O
break	O
down	O
larger	O
structures	O
into	O
small	O
components	O
that	O
are	O
each	O
modeled	O
and	O
tested	O
individually	O
.	O
</s>
<s>
Finally	O
,	O
the	O
Ansys	B-Application
software	O
simulates	O
and	O
analyzes	O
movement	O
,	O
fatigue	O
,	O
fractures	O
,	O
fluid	O
flow	O
,	O
temperature	O
distribution	O
,	O
electromagnetic	O
efficiency	O
and	O
other	O
effects	O
over	O
time	O
.	O
</s>
<s>
Ansys	B-Application
also	O
develops	O
software	O
for	O
data	O
management	O
and	O
backup	O
,	O
academic	O
research	O
and	O
teaching	O
.	O
</s>
<s>
Ansys	B-Application
software	O
is	O
sold	O
on	O
an	O
annual	O
subscription	O
basis	O
.	O
</s>
<s>
The	O
first	O
commercial	O
version	O
of	O
Ansys	B-Application
software	O
was	O
labeled	O
version	O
2.0	O
and	O
released	O
in	O
1971	O
.	O
</s>
<s>
At	O
the	O
time	O
,	O
the	B-Application
software	I-Application
was	O
made	O
up	O
of	O
boxes	O
of	O
punch	O
cards	O
,	O
and	O
the	O
program	O
was	O
typically	O
run	O
overnight	O
to	O
get	O
results	O
the	O
following	O
morning	O
.	O
</s>
<s>
The	B-Application
software	I-Application
was	O
exclusively	O
used	O
on	O
mainframes	O
,	O
until	O
version	O
3.0	O
(	O
the	O
second	O
release	O
)	O
was	O
introduced	O
for	O
the	O
VAXstation	B-Device
in	O
1979	O
.	O
</s>
<s>
Version	O
3	O
had	O
a	O
command	O
line	O
interface	O
like	O
DOS	B-Device
.	O
</s>
<s>
In	O
1980	O
,	O
Apple	B-Device
II	I-Device
was	O
released	O
,	O
allowing	O
Ansys	B-Application
to	O
convert	O
to	O
a	O
graphical	O
user	O
interface	O
in	O
version	O
4	O
later	O
that	O
year	O
.	O
</s>
<s>
Version	O
4	O
of	O
the	O
Ansys	B-Application
software	O
was	O
easier	O
to	O
use	O
and	O
added	O
features	O
to	O
simulate	O
electromagnetism	O
.	O
</s>
<s>
In	O
1989	O
,	O
Ansys	B-Application
began	O
working	O
with	O
Compuflo	O
.	O
</s>
<s>
Compuflo	O
's	O
Flotran	O
fluid	O
dynamics	O
software	O
was	O
integrated	O
into	O
Ansys	B-Application
by	O
version	O
5	O
,	O
which	O
was	O
released	O
in	O
1993	O
.	O
</s>
<s>
Ansys	B-Application
also	O
began	O
integrating	O
its	O
software	O
with	O
CAD	O
software	O
,	O
such	O
as	O
Autodesk	O
.	O
</s>
<s>
In	O
1996	O
,	O
Ansys	B-Application
released	O
the	O
DesignSpace	O
structural	O
analysis	O
software	O
,	O
the	O
LS-DYNA	O
crash	O
and	O
drop	O
test	O
simulation	O
product	O
,	O
and	O
the	O
Ansys	B-Application
Computational	O
Fluid	O
Dynamics	O
(	O
CFD	O
)	O
simulator	O
.	O
</s>
<s>
Ansys	B-Application
also	O
added	O
parallel	O
processing	O
support	O
for	O
PCs	O
with	O
multiple	O
processors	O
.	O
</s>
<s>
The	O
educational	O
product	O
Ansys/ed	O
was	O
introduced	O
in	O
1998	O
.	O
</s>
<s>
Version	O
6.0	O
of	O
the	O
main	O
Ansys	B-Application
product	O
was	O
released	O
in	O
December	O
2001	O
.	O
</s>
<s>
Version	O
8.0	O
introduced	O
the	O
Ansys	B-Application
multi-field	O
solver	O
,	O
which	O
allows	O
users	O
to	O
simulate	O
how	O
multiple	O
physics	O
problems	O
would	O
interact	O
with	O
one	O
another	O
.	O
</s>
<s>
Version	O
8.0	O
was	O
published	O
in	O
2005	O
and	O
introduced	O
Ansys	B-Application
 '	O
fluid	O
–	O
structure	O
interaction	O
software	O
,	O
which	O
simulates	O
the	O
effect	O
structures	O
and	O
fluids	O
have	O
on	O
one	O
another	O
.	O
</s>
<s>
Ansys	B-Application
also	O
released	O
its	O
Probabilistic	O
Design	O
System	O
and	O
DesignXplorer	O
software	B-Application
products	I-Application
,	O
which	O
both	O
deal	O
with	O
probabilities	O
and	O
randomness	O
of	O
physical	O
elements	O
.	O
</s>
<s>
Ansys	B-Application
also	O
began	O
increasingly	O
consolidating	O
features	O
into	O
the	O
Workbench	O
software	B-Application
.	I-Application
</s>
<s>
Version	O
15	O
of	O
Ansys	B-Application
was	O
released	O
in	O
2014	O
.	O
</s>
<s>
In	O
January	O
2017	O
,	O
Ansys	B-Application
released	O
version	O
18	O
.	O
</s>
<s>
The	O
Ansys	B-Application
Application	O
Builder	O
,	O
which	O
allows	O
engineers	O
to	O
build	O
,	O
use	O
,	O
and	O
sell	O
custom	O
engineering	O
tools	O
,	O
was	O
also	O
introduced	O
with	O
version	O
18	O
.	O
</s>
<s>
Released	O
in	O
January	O
2020	O
,	O
Ansys	B-Application
R1	O
2020	O
updates	O
Ansys’	O
simulation	O
process	O
and	O
data	O
management	O
(	O
SPDM	O
)	O
,	O
materials	O
information	O
and	O
electromagnetics	O
product	O
offerings	O
.	O
</s>
<s>
In	O
early	O
2020	O
,	O
the	O
Ansys	B-Application
Academic	O
Program	O
surpassed	O
one	O
million	O
student	O
downloads	O
.	O
</s>
<s>
In	O
May	O
2020	O
,	O
Ansys	B-Application
joined	O
Microsoft	O
,	O
Dell	O
and	O
Lendlease	O
on	O
the	O
steering	O
committee	O
of	O
the	O
Digital	O
Twin	O
Consortium	O
,	O
which	O
aims	O
to	O
advance	O
the	O
use	O
of	O
digital	O
twin	O
technology	O
.	O
</s>
<s>
In	O
April	O
,	O
2020	O
,	O
Samsung	B-Application
Foundry	O
certified	O
Ansys’	O
RaptorH	O
EM	O
simulation	O
solution	O
for	O
developing	O
2.5D/3D	O
-ICs	O
and	O
systems-on-chip	O
using	O
Samsung	B-Application
's	I-Application
signoff	O
flow	O
.	O
</s>
<s>
In	O
August	O
,	O
2020	O
,	O
Ansys	B-Application
received	O
TSMC	O
certification	O
for	O
its	O
SoIC	O
3D	O
chip	O
stacking	O
technology	O
.	O
</s>
<s>
In	O
2021	O
,	O
Optimo	O
Medical	O
AG	O
integrated	O
their	O
Optimeyes	O
digital	O
twin	O
technology	O
with	O
Ansys	B-Application
Mechanical	O
to	O
create	O
identical	O
copies	O
of	O
cornea	O
for	O
surgical	O
procedure	O
testing	O
purposes	O
.	O
</s>
<s>
Ansys	B-Application
and	O
Siemens	O
Energy	O
collaborated	O
to	O
improve	O
additive	O
manufacturing	O
(	O
AM	O
)	O
processes	O
.	O
</s>
<s>
In	O
May	O
2021	O
,	O
Ansys	B-Application
acquired	O
Phoenix	O
Integration	O
,	O
Inc	O
.	O
for	O
an	O
undisclosed	O
amount	O
.	O
</s>
<s>
In	O
November	O
,	O
2021	O
,	O
the	O
company	O
was	O
certified	O
for	O
Samsung	B-Application
's	I-Application
3nm	O
and	O
4nm	O
Process	O
Technologies	O
.	O
</s>
<s>
The	O
same	O
year	O
,	O
Ansys	B-Application
acquired	O
Zemax	O
for	O
an	O
undisclosed	O
amount	O
.	O
</s>
<s>
The	O
company	O
began	O
supporting	O
Arm-based	O
Graviton2	O
Processors	O
,	O
first	O
time	O
that	O
Ansys	B-Application
 '	O
EDA	O
semiconductor	O
simulation	O
solutions	O
were	O
made	O
available	O
on	O
the	O
Arm	O
Neoverse	O
architecture	O
.	O
</s>
<s>
In	O
Partnership	O
with	O
Cornell	O
University	O
,	O
Ansys	B-Application
developed	O
simulating	O
courses	O
.	O
</s>
<s>
In	O
April	O
,	O
2022	O
,	O
Ansys	B-Application
announced	O
signing	O
a	O
definitive	O
agreement	O
to	O
acquire	O
OnScale	O
to	O
expand	O
its’	O
cloud	B-Architecture
portfolio	O
.	O
</s>
<s>
In	O
May	O
,	O
2022	O
,	O
Ansys	B-Application
acquired	O
Motor	O
Design	O
Limited	O
(	O
MDL	O
)	O
for	O
an	O
undisclosed	O
amount	O
.	O
</s>
<s>
In	O
December	O
,	O
2022	O
,	O
Ansys	B-Application
announced	O
that	O
it	O
had	O
signed	O
a	O
definitive	O
agreement	O
to	O
acquire	O
DYNAmore	O
,	O
which	O
specialises	O
in	O
developing	O
simulation	O
solutions	O
for	O
the	O
automotive	O
industry	O
.	O
</s>
