Ansys

Ansys Inc. is an American public company based in Canonsburg, Pennsylvania. It develops and markets engineering simulation software. Ansys software is used to design products and semiconductors, as well as to create simulations that test a product’s durability, temperature distribution, fluid movements, and electromagnetic properties.

Ansys was founded in 1970 by John Swanson. Swanson sold his interest in the company to venture capitalists in 1993. Ansys went public on NASDAQ in 1996. In the 2000s, Ansys made numerous acquisitions of other engineering design companies, acquiring additional technology for fluid dynamics, electronics design, and other physics analysis.