Synopsys to acquire Ansys for $35 billion to bolster chip design
Chip design software provider Synopsys on Tuesday said it will acquire electronic systems simulation and analysis software maker Ansys for $35 billion.
The acquisition, according to Synopsys CEO Sassine Ghazi, will cater to the increasing market demand for developing an integrated offering capable of semiconductor design simulation and analysis.
While Synopsys, rival to Cadence and Mentor Graphics, makes the software required to design semiconductor chips, Ansys makes software suites that provide capabilities to run simulations and analysis on electronic systems that are running on these chips.