Electronic design automation (EDA) company Synopsys has announced it has agreed to acquire engineering simulation leader Ansys in a deal worth US$35bn: the biggest technology acquisition since chipmaker Broadcom took over VMware in November 2023 in a US$69bn deal.
In a statement, the companies said the deal would bring together Synopsys’ pioneering semiconductor EDA capabilities with Ansys’ broad simulation and analysis portfolio, ultimately creating a leader in silicon to systems design solutions.
“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 maximise the capabilities of technology R&D teams across a broad range of industries,” said Sassine Ghazi, President and CEO of Synopsys.
“Joining forces with Ansys, a company we know well from our long-standing partnership, is the latest example of how Synopsys remains at the forefront,” said Aart de Geus, Executive Chair and Founder of Synopsys. “Our board and management team carefully evaluated our top strategic options to lead and win in this fast-growing new wave of electronics and system design. The technology-broadening team-up with Ansys is an ideal, value-enhancing step for our company, our shareholders, and the innovative customers we serve.”
Here, we look at Ansys’ history and how it has been aiming to meet its mission to power innovation that drives human advancement.
Ansys: Engineering simulation expertise helping clients solve complex design problems
Founded in 1970, Ansys is the global leader in engineering simulation. Through its strategy of Pervasive Engineering Simulation, Ansys helps the world's most innovative companies deliver better products to their customers, from the automotive industry to pharmaceuticals.
By offering its clients the best and broadest portfolio of engineering simulation software, Ansys helps them solve the most complex design challenges and create products ranging from sustainable transportation and advanced semiconductors to satellite systems and life-saving medical devices.
A member of the S&P 500 and Nasdaq 100, Ansys solutions are used by thousands of customers across industries including aerospace and defence, automotive, construction, consumer goods, energy, materials and chemical processing, high tech, industrial equipment and rotating machinery and healthcare.
Ansys has a number of partnerships, including with Microsoft: with the two companies announcing an expanded partnership last year that saw Ansys’ simulation solutions and tools being made available on the Microsoft Azure platform.
In January, it launched its newest AI-based technology, Ansys SimAI, a physics-agnostic, software as a service (SaaS) application that combines the predictive accuracy of Ansys simulation with the speed of generative AI.
“For more than 50 years, Ansys has enabled customers to design, develop and deliver cutting-edge products that are limited only by imagination. By joining forces with Synopsys, we will amplify our joint efforts to drive new levels of customer innovation,” said Ajei Gopal, President and CEO of Ansys. “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.
“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.”
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