The acquisition combines Synopsys’ semiconductor design automation tools with Ansys portfolio that’s widely used in the aerospace, defense, automotive, and energy sectors.
Synopsys hopes the merger strengthens its Silicon to Systems strategy.
The partnership is not new. Synopsys and Ansys first joined forces in 2017 to offer solutions for analyzing chips for quality standards and to improve design efficiency.
Aart de Geus, executive chair and founder of Synopsys, said in a press release, “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.”
Ajei Gopal, Ansys president and CEO, added, “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 transaction is expected to close in the first half of 2025, subject to shareholder approval and closing conditions.
Synopsys was founded in 1986 and has more than 20,000 employees. Ansys started in 1970 and has grown to over 6,000 employees.