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Ansys Investors Don't Like Ansoft Acquisition |
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| Mar 31, 2008 06:27 PM UTC |
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Tracked Blogger
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3/31 - "Investors signaled their distaste for the deal by sending Ansys shares down more than 7%. In fact, the two companies now have a combined market cap that is $100 million lower than it was before the deal was announced." "As an Ansys shareholder, I am disappointed that the shares are lower. However, I still think Ansys works in an attractive market segment and am willing to give some benefit of doubt to a management team that has quadrupled shareholder wealth over the last four years." 
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3 Related Views
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 N/A risk: moderate |
Ansys Doing Well in Weak Economic Environment
3/5 - "ANSYS, Inc. is enjoying strong organic growth trends, which has enabled it to experience several excellent quarters in a row. Thus far, it seems the tough economic conditions haven't slowed the company. Beating the Street has become old hat for the company as it has posted an average surprise of 19.9% over the past four quarters."
"This year's earnings estimates have risen six cents t...
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N/A risk: moderate |
Rating on Ansys Competitor Dassault Stays at Hold Following Earnings
3/14 - "Dassault Systemes (DASTY) reported weaker than expected revenues for the fourth quarter of 2007 primarily due to unexpected weakness in CATIA seat growth and lower than expected service revenues...We have maintained our revenue estimates for 2008 while increasing our earnings outlook due to improvement at the gross margin level."
"We continue to rate the shares of Dassault Systemes a...
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N/A risk: moderate |
Reiterate Buy on Ansys Following Ansoft Acquisition
3/31 - "Ansys’s acquisition of Ansoft extends the firm’s presence into electronic and electromechanical simulation and design. In essence, this is a continuation of a trend that began with the acquisition of Fluent in 2006 (a fluid design simulation platform). The merger further catapults Ansys ahead in terms of breadth in the simulation segment. We expect the combination to be a positive for i...
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