Synopsys – an American manufacturer of software for designing integrated circuits, announced the acquisition of Ansys – the creator of popular software for creating engineering simulations. The total consideration for the acquisition is $35 billion, in which Ansys shareholders will receive $197 in cash and 0.345 shares of Synopsys common stock for each share of the acquired company they own. With this transaction, Synopsys hopes to expand its customer base and improve its market position.
The acquisition is expected to close in the first half of 2025, pending approval by Ansys shareholders, necessary regulatory approvals and other customary closing conditions. Synopsys and Ansys said the combination would meet customer expectations for a combination of “electronics and physics,” and chipmakers are said to want to design larger devices.
Synopsys develops IT tools that enable chipmakers to design and test processors. The company boasts a wide range of high-level clients, including global GPU manufacturers Nvidia and Intel. The deal is intended to expand Synopsys’ reach to automotive, aerospace and industrial equipment manufacturers that recognize the growing role of semiconductors in their products. Ansys already has a strong presence in these industries.
Ansys simulation software is used throughout the additive manufacturing industry to optimize designs for 3D printing. The company recently announced a partnership with Materialize, integrating its process simulation capabilities with its Magics build tool.
The merger of Synopsys and Ansys will also have an impact on the additive manufacturing market, with Synopsys likely to expand its 3D printing software portfolio. As part of the transaction, Synopsys will acquire Ansys’ comprehensive suite of computer-aided design (CAD) and process simulation software optimized for additive manufacturing.
Source: www.synopsysansys.transactionfacts.com & www.prnewswire.com
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