US leaders in semiconductor design technology Synopsys and Ansys have announced that they have entered into a definitive agreement under which Synopsys will acquire Ansys. The deal, valued at approximately USD 35 billion, will see Synopsys pay roughly USD 390 per Ansys share in cash and stock. Ansys specialises in engineering and product design software while Synopsys supplies the global chip industry with Electronic Design Automation (EDA) solutions.
In a press release, Synopsys said that joining its semiconductor EDA with Ansys‘ broad simulation and analysis portfolio “will create a leader in silicon to systems design solutions”. It hopes the combination will enhance its Silicon to Systems strategy both across the core EDA segment and in highly attractive adjacent growth areas such as Automotive, Aerospace and Industrial, among others, where Ansys has an established presence and successful go-to-market experience.
“The megatrends of AI, silicon proliferation and software-defined systems are requiring more compute performance and efficiency in the face of growing, systemic complexity,” said Sassine Ghazi, President and CEO of Synopsys.
“Bringing together Synopsys‘ industry-leading EDA solutions with Ansys‘ world-class simulation and analysis capabilities will enable us to deliver a holistic, powerful and seamlessly integrated silicon to systems approach to innovation to help maximize the capabilities of technology R&D teams across a broad range of industries,“ . “This is the logical next step for our successful, seven-year partnership with Ansys and I look forward to working closely with Ajei and the talented Ansys team to realize the benefits of this combination for our customers, shareholders and employees.“
“For more than 50 years, Ansys has enabled customers to design, develop and deliver cutting-edge products that are limited only by imagination,” said Ajei Gopal, President and CEO of Ansys. “By joining forces with Synopsys, we will amplify our joint efforts to drive new levels of customer innovation. This transformative combination brings together each company‘s highly complementary capabilities to meet the evolving needs of today‘s engineers and give them unprecedented insight into the performance of their products … The combined company will accelerate the development of our joint portfolio and deliver an increased level of innovation, which will benefit Ansys‘ traditional customers. I am proud of all that our employees do every day to make Ansys and our customers successful and look forward to the combined company achieving even greater heights in this next chapter.“
