TE Connectivity Signs Enterprise License Agreement with ANSYS

Released : 03/03/2016

PITTSBURGH, March 3, 2016 -- TE Connectivity (TE), a world leader in connectivity, entered into an enterprise license agreement to leverage ANSYS' (NASDAQ: ANSS) engineering simulation software. This enterprise license agreement – which provides broad access to the ANSYS® portfolio – enables TE to solve the industry's most challenging multiphysics problems and to provide its customers with some of the most innovative solutions on the market.

The agreement provides TE with enterprise-wide licenses to the ANSYS structures, fluids and high-frequency electromagnetics suites as well as access to high-performance computing solutions.

An existing ANSYS customer, TE leverages ANSYS solutions in 24 countries to optimize and verify product designs, produce more robust product technologies, shorten product development cycles and reduce physical prototypes and testing.

"With the growing importance of the Internet of Things, TE is working on some of the most critical product challenges on the planet," said Sudhir Sharma, global industry director for high tech at ANSYS. "This agreement provides TE with world-class engineering simulation solutions that will strengthen the company's market leadership by delivering even more innovative products to its customers."

About ANSYS, Inc.
ANSYS is the global leader in engineering simulation. We bring clarity and insight to our customer's most complex design challenges through the broadest portfolio of fast, accurate and reliable simulation tools. Our technology enables organizations in all industries to imagine high-quality, innovative product designs that are sustainable and have an accelerated time to market. Founded in 1970, ANSYS employs almost 3000 professionals, more than 700 of them with PhDs in engineering fields such as finite element analysis, computational fluid dynamics, electronics and electromagnetics, embedded software, system simulation and design optimization. Headquartered south of Pittsburgh, U.S.A., ANSYS has more than 75 strategic sales and development locations throughout the world with a network of channel partners in 40+ countries. Visit www.ansys.com for more information.

ANSYS also has a strong presence on the major social channels. To join the simulation conversation, please visit: www.ansys.com/Social@ANSYS

ANSYS and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.

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Contact
   
Media:
Tom Smithyman
724.820.4340
tom.smithyman@ansys.com

Investors
Annette Arribas, CTP
724.820.3700
annette.arribas@ansys.com


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