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Synopsys to Acquire Ansys, Creating a Leader in Silicon to Systems Design Solutions

Jan 16, 2024•over 1 year ago

Acquiring Company

Synopsys

Acquired Company

Ansys

SunnyvaleCanonsburgSoftwareSoftware Development

Description

Synopsys, a pioneer in semiconductor electronic design automation, has entered into a definitive agreement to acquire Ansys. The acquisition will bring together Synopsys' industry-leading EDA solutions with Ansys' broad simulation and analysis portfolio, creating a leader in silicon to systems design solutions.

Company Information

Company

Synopsys

Location

Sunnyvale, California, United States

About

Synopsys, Inc. (NASDAQ: SNPS) is the Silicon to SoftwareTM partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at https://www.synopsys.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed