All articles tagged with #ansys
Originally Published 6 months ago — by Yahoo Finance
China's market regulator has conditionally approved Synopsys' acquisition of Ansys, removing the last major regulatory hurdle for the $35 billion deal, which is expected to close soon and strengthen Synopsys' position in the electronic design automation industry.
Originally Published 1 year ago — by Seeking Alpha
U.S. chip designer Synopsys is reportedly initiating the sale of its software integrity business, potentially valued at $3 billion or more, following its recent agreement to acquire engineering software firm Ansys. The company is working with an adviser to assess buyer interest, with private equity firms likely to show interest. While deliberations are ongoing and no certainty exists regarding a transaction, the move aligns with Synopsys' exploration of strategic alternatives for the software integrity business as announced by its CEO in November.
Originally Published 2 years ago — by AnandTech
Synopsys has agreed to acquire Ansys in a $35 billion deal, creating a chip design software powerhouse with expertise in electronic design automation (EDA) and analysis/simulation tools. The acquisition aims to offer a comprehensive software package for designing next-generation processors and systems, enhancing competitive positions against rivals like Cadence and Siemens EDA. The deal is expected to expand Synopsys' total addressable market, generate significant cost and revenue synergies, and be funded through a combination of cash reserves and debt financing.
Originally Published 2 years ago — by The Next Platform
Synopsys, a leading provider of electronic design automation software, has agreed to acquire Ansys, the world's largest supplier of HPC simulation software, for $35 billion. The acquisition reflects the increasing importance of chiplet packaging in the semiconductor industry, as well as the growing demand for comprehensive system simulation. The deal aims to expand Synopsys' capabilities in chip design and simulation, with potential for cross-selling and cost savings. The combined company expects to generate around $8 billion in revenues and plans to close the deal in the first half of 2025.
Originally Published 2 years ago — by Financial Times
Synopsys has announced its plans to acquire Ansys in a $35 billion deal, aiming to expand its footprint in the lucrative market for simulation and modeling software used in designing semiconductors and electronic systems. The acquisition is expected to create a powerhouse in the electronic design automation industry, combining Synopsys' expertise in chip design with Ansys' strength in simulation technology.
Originally Published 2 years ago — by Bloomberg
Synopsys Inc. has agreed to acquire software developer Ansys Inc. for approximately $34 billion in cash and stock, making it one of the largest deals announced globally in the past year. Ansys shareholders will receive $197 in cash and 0.345 shares of Synopsys stock per share, with the deal expected to close in the first half of 2025.
Originally Published 2 years ago — by Reuters
Synopsys has announced its acquisition of Ansys in a $35 billion cash-and-stock deal, marking the largest technology sector acquisition since Broadcom's takeover of VMware. The deal represents a 29% premium over Ansys' last close and is expected to bring together Synopsys' semiconductor electronic design automation tools with Ansys' simulation and analysis portfolio. The transaction is anticipated to close in the first half of 2025 and is likely to lead to more significant acquisitions in the technology sector.
Originally Published 2 years ago — by CNBC
Synopsys has announced its acquisition of Ansys, an engineering and product design software firm, in a $35 billion cash-and-stock deal, with Ansys shareholders set to own 16.5% of Synopsys following the merger. The deal, expected to close in the first half of 2025 pending regulatory and shareholder approval, will be partially funded by $16 billion of debt financing and is not expected to be immediately accretive until at least a year after the deal closes. Synopsys shares were up slightly in pre-market trading, while Ansys shares slipped 4% Tuesday morning but were up more than 14% since December.
Originally Published 2 years ago — by The Wall Street Journal
Synopsys is reportedly in the final stages of negotiations to acquire Ansys for approximately $35 billion in a mix of stock and cash. If successful, this deal, which is expected to be finalized by the middle of next week, would mark one of the first major acquisitions of the year in the tech sector, specifically within the design-software industry.
Originally Published 2 years ago — by MarketWatch
Synopsys Inc. is reportedly in advanced discussions to acquire Ansys Inc. for approximately $35 billion, potentially marking a significant tech industry transaction. The deal, which may finalize as early as the following week, was spurred by an initial unsolicited offer from Cadence Design Systems, a competitor. While Synopsys has not commented, and Ansys has yet to respond, the companies have a history of collaboration. The news has affected their stock prices, with Ansys shares rising and Synopsys shares falling slightly.