Companies

Ansys Set for Acquisition by Synopsys in Landmark $35 Billion Deal

Published May 24, 2024

In a monumental development within the technology sector, Ansys ANSS, a leader in engineering simulation software, has obtained approval from its shareholders for an acquisition by Synopsys SNPS, a titan in electronic design automation. This acquisition is slated for completion in the first half of 2025 and values Ansys at approximately $35 billion. The move marks a significant reshaping of the tech landscape, bringing together two storied companies. Ansys, based in Canonsburg, Pennsylvania, offers comprehensive multiphysics engineering simulation software that serves a global customer base. Products from Ansys are widely utilized for design, testing, and operation in various industries.

Synopsys' Strategic Expansion

SNPS, an American enterprise renowned for its contributions to silicon design and verification, as well as its suite of software security and quality products, expects to strengthen its market position through this acquisition. By integrating Ansys's simulation capabilities with its own design and verification solutions, Synopsys aims to offer an unparalleled software ecosystem to its clients. Notably, Synopsys's portfolio includes logic synthesis, behavioral synthesis, place and route, and formal verification, among others. This deal is anticipated to accelerate innovation in the electronic design automation space, empowering clientele with cutting-edge tools.

Market Impact and Other Players

The market has observed keen interest in the acquisition, with associated implications for corresponding stock tickers. Arista Networks ANET, known for its high-performance networking solutions, Woodward, Inc. WWD with its aerospace and industrial controls, and Super Micro Computer SMCI, specializing in server and storage solutions, may also find their industry dynamics influenced by this mega-deal. Synopsys's acquisition of Ansys could prompt further strategic shifts and collaborations in the competitive tech market.

Synopsys, Ansys, Acquisition