ANSYS Added to S&P MidCap 400 (Business Wire)

Tuesday August 19, 7:25 am ET SOUTHPOINTE, Pa.--(BUSINESS WIRE)--ANSYS, Inc. (NASDAQ: ANSS - News ), a global innovator of simulation software and technologies designed to optimize product development processes, today announced that it has been added to the Standard & Poor’s MidCap 400 Index. The index is a U.S. market capitalization-weighted benchmark index made up of 400 securities with market values between $200 million and $5 billion. ANSYS formerly was listed on the Standard & Poor’s SmallCap 600 Index. “Due to the growth we have experienced over the last few years along with the additional shares being issued for the recent acquisition of Ansoft, ANSYS is now large enough to meet the MidCap 400 Index thresholds,” said Jim Cashman, president and CEO of ANSYS, Inc. “It is incredibly exciting to see our company grow in our... [read full story]