SAN JOSE, CA – Cadence Design Systems announced fourth quarter revenues of $900 million, an increase of 16.4% compared to the $773 million in revenue for the same period in 2021.

PITTSBURGH – Ansys is extending its long-term strategic collaboration with Microsoft to improve cloud-based access to Ansys' simulation solutions and computer-aided engineering tools, and will also develop a new offering to enable customers to launch Ansys products using their Azure enrollment and connect third-party tools more easily.