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SYNOPSYS TO BUY ENGINEERING SOFTWARE FIRM ANSYS IN $35 BILLION DEAL Read here: https://lnkd.in/dU4X5CnE #Synopsys #ANSYS #TechAcquisition #BusinessNews #TechDeals #EngineeringSoftware #MarketUpdate #SynopsysANSYSDeal #MergersAndAcquisitions #TechnologyIndustry #DealNews #FinancialMarkets #TechInnovation #PerfectTimingTechnology #PerfectTimingHolding #BusinessInvestment #SynopsysInnovation #TechConsolidation #FinanceNews #TechMergers

Synopsys (SNPS) to Acquire ANSYS in $35 BILLION deal The scale of the deal, valued at $35 billion, underscores the significance of this collaboration. It represents more than a financial transaction; it's an investment in the future of technology. The infusion of resources is set to catalyze advancements in semiconductor design, engineering simulations, and beyond. Strategic Synergy for Technological Prowess The merger between Synopsys and ANSYS holds profound implications for the semiconductor landscape. Synopsys, a stalwart in electronic design automation (EDA), and ANSYS, renowned for its engineering simulation software, are poised to create a synergistic powerhouse. This strategic alliance aims to revolutionize semiconductor design and testing processes, bringing about a holistic approach to innovation. Synopsys and ANSYS bring complementary strengths and growth opportunities. ... #Synopsys , #Investments , #Ansys , #capitalmarkets , #Business , #Market , #mergersandacquisitions , #Acquisition , #Union , #Collaboration , #Mergers , #TechInnovation , #Engineering , #RandD , #semiconductors https://lnkd.in/eSpt8HDB

🚀 Exciting News in Tech: Synopsys Acquires Ansys in a Landmark $35 Billion Deal! 🔍 The tech world witnessed a monumental move as Synopsys, a leader in chip design software, announced its acquisition of Ansys, a renowned engineering software firm. This groundbreaking deal, valued at $35 billion, marks a significant stride in the technology sector, particularly in the areas of chip design and electronic systems simulation. 🤝The fusion of Synopsys' semiconductor electronic design automation (EDA) tools with Ansys' simulation and analysis portfolio promises a new era of innovation and integrated solutions. 📈Strategic Growth: This acquisition reflects the growing trend of strategic mergers in the tech industry, aimed at enhancing capabilities and expanding market reach. 💰 The Financials: The deal, involving a mix of cash and stock, is backed by a blend of Synopsys' cash reserves and $16 billion in fully committed debt financing. It represents a 29% premium over Ansys' last close, signalling strong market confidence. 🔎 Looking Ahead: Completion is subject to Ansys shareholder approval, regulatory clearances, and standard closing conditions, with an expected closure in the first half of 2025. This partnership could reshape the future of chip and electronic system design, with potential global impacts. 🤝 A Collaborative Legacy: The roots of this partnership trace back to 2017, emphasizing quality and efficiency in chip design. This acquisition is not just a transaction but a fusion of two tech visionaries. #TechAcquisition #Innovation #Synopsys #Ansys #TechnologyNews #ChipDesign #SoftwareDevelopment

Synopsys Inc, an electronic design automation company, agreed to acquire Ansys, a software company, for $35bn. “The megatrends of AI, silicon proliferation and software-defined systems are requiring more compute performance and efficiency in the face of growing, systemic complexity. 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 maximize the capabilities of technology R&D teams across a broad range of industries. This is the logical next step for our successful, seven-year partnership with Ansys and I look forward to working closely with Ajei and the talented Ansys team to realize the benefits of this combination for our customers, shareholders and employees,” Sassine Ghazi, Synopsys President and CEO. Synopsys (led by Sassine Ghazi) is advised by Evercore, Cleary Gottlieb Steen & Hamilton LLP and FGS Global. Ansys (led by Ajei Gopal) is advised by Qatalyst Partners, Goodwin, Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates and Joele Frank. #MergersAcquisitionsDivestitures #Software #ElectronicDesign

Another major Semiconductor Industry related Consolidation in final stage - Synopsys and ANSYS It has been multiple weeks now, since the news broke out and recent reports suggests that the consolidation has entered the final stages. It's another multi-billion deal and would result in Synopsys, the EDA powerhouse, strongly proliferating into engineering simulation offerings. Already both these companies showcased their synergy by successfully delivering new RFIC reference flow for Samsung technology mid of last year (2023). More details at https://lnkd.in/eN3QDQNp

[News Update - Synopsys]  Synopsys to Acquire Ansys, Creating a Leader in Silicon to Systems Design Solutions Synopsys is set to acquire Ansys in a deal valued at around $35 billion. This strategic move combines Synopsys' semiconductor design technology with Ansys' simulation and analysis capabilities, creating a leader in silicon to systems design solutions. The merger aims to address the increasing complexity driven by AI and software-defined systems, expanding Synopsys' market presence and expected to enhance financial performance. With Ansys shareholders receiving cash and Synopsys stock, the acquisition is projected to be accretive to non-GAAP EPS within the second year post-close. The joint efforts aim to provide innovative solutions and insights for technology R&D teams across diverse industries. More information here: https://lnkd.in/eFmJuhhV ------------ Unlock Your Digital Transformation at digisea.vn Phone: (+84) 364 313 766 #DigiSea #DigitalTransformation #RPA #LowCode #OCR

Super interesting deal in the EDA industry... #synopsys, a chip design software maker, has announced a $35 billion cash-and-stock acquisition of #ansys , known for software used in product creation across various industries. This deal will establish a significant player in the already consolidated business software sector, responding to the increasing complexity of chip designs by companies like Nvidia and Intel. Synopsys focuses on chip design tools, complementing Ansys' software, which evaluates larger electronic systems. Ansys specializes in simulation software used in aerospace, defense, automotive, and energy industries. While the Electronic Design Automation (EDA) industry is consolidated between Synopsys and Cadence, Ansys' inclusion may prompt regulatory scrutiny, especially in key markets like China, where approval timelines are uncertain. #EDA #Consolidation #Acquisitions #Integration

In a significant move within the tech and engineering sectors, Synopsys, a leading electronic design automation company, is set to acquire Ansys, a prominent player in engineering simulation software, in a deal valued at $35 billion. However, this substantial acquisition is now under scrutiny by UK regulators. The review aims to ensure that the merger does not hinder market competition or negatively affect consumer choice. As the regulatory process unfolds, stakeholders are keenly observing how this high-profile deal will reshape the landscape of electronic design and simulation technologies. #Acquisition #ElectronicDesignAutomation #engineeringsimulation #regulators #deal #technology #automation #simulation

🚀 Big Development in Tech Industry: Synopsys's $35B Acquisition of Ansys Under UK Regulatory Scrutiny 🔍 The U.K. antitrust regulator has initiated an early-stage inquiry into Synopsys’s plans to acquire Ansys. The Competition and Markets Authority (CMA) has opened an "invitation to comment" for stakeholders or interested parties to file their objections. This will help determine whether the investigation progresses further. Stay tuned for more updates on this significant industry move! 💡 #TechNews #MergersAndAcquisitions #RegulatoryInsights

Synopsys’ plans to buy Ansys for $35B falls on UK regulatory radar. • August 12, 2024   The U.K. antitrust regulator has confirmed that it’s carrying out an early-stage inquiry into Synopsys‘ plans to buy Ansys. The Competition and Markets Authority (CMA) has opened an “invitation to comment,” meaning any stakeholders or interested parties can file their objections to the transaction, after which the regulator will decide whether to progress the investigation to a formal merger inquiry. The CMA hasn’t provided any deadline for comment submissions. Chip design software maker Synopsys revealed back in January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products (e.g. chips) to evaluate their real-world performance, in a deal worth $35 billion. Both are publicly traded companies with a combined market cap of $100 billion. The coming together of these companies would create a comprehensive chip design and simulation powerhouse, one that’s capable of creating more efficient development processes by lowering the fail-rate during the design process. However, such a merger could create a dominant player spanning all facets of the chip design process, thus stifling competitors that don’t offer such a combination. The Federal Trade Commission (FTC) is already looking at the transaction, though has yet to confirm any further action, and reports suggest that competitors and customers of Synopsys and Ansys are pressuring the European Commission (EC) to take action. China’s SAMR is also expected to scrutinize the deal — Synopsys has longstanding ties to China, where it has seen significant success even with Huawei sanctions in place, and Ansys too has a notable presence in China.