Ansys reported an 8.2% increase in revenue for the three months ended March 31, 2025, reaching $504.89 million compared to $466.61 million in the same period of 2024. Net income increased to $51.87 million, or $0.59 per diluted share, compared to $34.78 million, or $0.40 per diluted share, in the prior year. The company's operating income rose by 35.9% to $58.89 million. Maintenance revenue grew by 12.1% to $324.39 million. The company is in the process of being acquired by Synopsys, with the transaction expected to close in the first half of 2025. As part of the acquisition process, Ansys has entered into an agreement to sell its PowerArtist RTL business to Keysight Technologies, Inc. The company's Annual Contract Value (ACV) was $410.07 million. The company expects double-digit fiscal year 2025 ACV growth. The company's cash and cash equivalents totaled $1.76 billion as of March 31, 2025, compared to $1.45 billion as of December 31, 2024. The company's short-term investments totaled $70.40 million as of March 31, 2025, compared to $50.77 million as of December 31, 2024.