Synopsys, known for its expertise in silicon design, IP, and simulation tools, has completed its acquisition of Ansys. Announced in January 2024, the transaction brings together two industry leaders in engineering solutions, expanding Synopsys’ total addressable market to $31 billion. Synopsys President and CEO Sassine Ghazi called it “a transformational milestone,” adding, “The increasing complexity of developing intelligent systems demands design solutions with a deeper integration of electronics and physics, enhanced by AI. With Ansys’ leading system simulation and analysis solutions now part of Synopsys, we can maximize the capabilities of engineering teams broadly, igniting their innovation from silicon to systems.” The merger aims to help customers create AI-powered products by offering integrated silicon-to-system design capabilities across sectors such as semiconductors, automotive, aerospace, and industrial manufacturing.
As part of the deal, former Ansys CEO Ajei Gopal and Board Member Ravi Vijayaraghavan have joined Synopsys’ Board of Directors. Gopal noted, “Our companies have a common culture, a successful longstanding partnership, and now a united mission to empower innovators to drive human advancement.” Synopsys plans to introduce integrated multiphysics solutions across its EDA stack by mid-2026, with additional offerings focused on testing and virtualizing complex systems. The acquisition is expected to strengthen Synopsys’ financial position through margin improvements and higher cash flow, supporting a two-year deleveraging plan.