ANSYS to Acquire OnScale
<p><a href='https://financialmodelingprep.com/financial-summary/ANSS'>ANSYS, Inc.(NASDAQ:ANSS) </a>shares closed more than 4% lower yesterday following the company’s announcement, according which it had entered into a definitive agreement to acquire OnScale, a cloud simulation platform founded in 2017 that offers a broad spectrum of cloud-based solvers from mechanical, thermal, to parametric sweeps. </p>
<p>According to the analysts at Berenberg Bank, OnScale is a key acquisition that should directly benefit from the industry’s trend to lower the barriers of simulation adoption. The cloud-based simulation will make simulation much more accessible to designers and smaller companies, removing the barriers to hefty license and IT commitments. </p>
<p>The analysts believe that cloud simulation platforms can be a positive gateway for designers to start exploring simulation.</p>


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