Software-developer Ansys Inc forecast fourth-quarter revenue and profit below market estimates on Tuesday, expecting impact from the tightening of U.S. export restrictions and approval processes.

BofA lowered rating on software developer Ansys (NASDAQ:ANSS) to “underperform” from “buy” amid concerns around broader demand trends and US-China export restrictions. The brokerage, which also ...

A $35bn merger between US chip design giant Synopsys and engineering software company Ansys is facing delays in Beijing, as China’s antitrust regulator postpones its approval amid rising tensions over ...