Markets

Ansys To Buy Zemax

August 30, 2021 — 05:49 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Ansys (ANSS), Monday said it has agreed to buy Zemax, LLC. Financial details of the deal were not disclosed.

Ansys expect the deal to close in the fourth quarter of 2021. The transaction is not expected to have a material impact on the 2021 financial results.

Zemax provides high-performance optical imaging system simulation. According to Ansys, the deal will expand its portfolio to provide comprehensive, end-to-end solutions for simulating sophisticated optical- and photonics-enabled products.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

Markets
RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source->

Stocks mentioned

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

  • •

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.