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Reuters reported last week that the group had outbid competitors and was in advanced discussions to purchase the SIG unit, which offers application security testing for software developers. Synopsys CEO Sassine Ghazi said the move sharpened the company's focus on its core chip design business and would help capitalize on the "AI-driven era." Synopsys announced plans in late 2023 to divest its SIG unit. ....
ANSYS (NASDAQ:ANSS – Get Free Report) released its earnings results on Wednesday. The software maker reported $1.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.93 by ($0.54), Briefing.com reports. The business had revenue of $466.60 million for the quarter, compared to analysts’ expectations of $549.85 million. ANSYS had a return […] ....
Summit Financial LLC purchased a new position in ANSYS, Inc. (NASDAQ:ANSS – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 556 shares of the software maker’s stock, valued at approximately $202,000. Several other institutional investors and hedge funds have also bought and sold shares of the stock. CVA Family Office LLC purchased […] ....