Ansoft Calls Look Firm

Ansoft(ANST Quote), a leading developer of electronic design automation software, is the perfect secular play on technology. It's almost like a mini-ETF on the sector.

In buying Ansoft, investors buy into cell-phone, microprocessor and computer game growth -- basically the continued miniaturization of electronics -- as well as the replacement cycles of all of these products in new-generation versions.

Ansoft offers answers for engineers who design electrical hardware. The company's electronic design automation (EDA) software analyzes electromagnetic interaction and helps design and test devices such as integrated circuits, antenna and radar systems, and microwave components.

The company's customer list includes Boeing(BA Quote), Intel(INTC Quote) and Motorola(MOT Quote). Plus, Asia accounts for more than half of sales. ...