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Ansys ( (ANSS) ) has issued an announcement.
Ansys, Inc. has entered into a merger agreement with Synopsys, Inc., resulting in Ansys becoming a wholly-owned subsidiary of Synopsys. As part of this merger, Ansys has taken measures to mitigate potential tax impacts on its executive compensation by accelerating the vesting of certain equity awards to preserve tax deductions and reduce excise tax liabilities for executives.
More about Ansys
Ansys, Inc. operates in the software industry, focusing on engineering simulation software solutions. The company provides simulation software used for product design, testing, and operation, targeting industries such as aerospace, automotive, and manufacturing.
YTD Price Performance: -6.26%
Average Trading Volume: 466,350
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $29.75B
For an in-depth examination of ANSS stock, go to TipRanks’ Stock Analysis page.
