Synopsys, Inc. has announced the acquisition of ANSYS, Inc. (Nasdaq: ANSS). According to the company announcement Synopsys, Inc. is a company that provides trusted and comprehensive silicon to systems design solutions. These solutions encompass electronic design automation, silicon IP, and system verification and validation. Synopsys partners with semiconductor and systems customers across various industries to enhance their research and development capabilities and productivity. The company recently completed its acquisition of Ansys, aiming to become a leader in engineering solutions from silicon to systems, particularly to enable customers to rapidly innovate AI-powered products. This acquisition is expected to expand Synopsys’ total addressable market to $31 billion.

To learn more about Synopsys, Inc., visit http://www.synopsys.com/
Company LinkedIn Page: https://www.linkedin.com/company/synopsys/

Company Contact:

Sassine Ghazi, President and Chief Executive Officer
650-584-5000

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