Combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products.
Synopsys announced the completion of its acquisition of Ansys. The transaction, which was announced on January 16, 2024, combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products. Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM).1
Former Ansys president, CEO, and board member Ajei Gopal and former Ansys board member Ravi Vijayaraghavan are joining Synopsys’ board of directors, effective immediately.
Synopsys aims to support engineers in improving product development by offering tools that enhance performance analysis, cost-efficiency, and development timelines. Following its integration with Ansys, Synopsys now offers broader system design solutions for industries including semiconductors, high-tech, automotive, aerospace, and industrial.
Synopsys plans to introduce its first set of integrated capabilities in early 2026, combining multiphysics across the full EDA stack, including support for multi-die advanced packaging. The roadmap also outlines integrated solutions aimed at improving testing and virtualization of complex systems in automotive and other sectors.
This combination is expected to improve Synopsys’ financial position, with projected margin growth and increased unlevered free cash flow, supporting debt reduction within two years.
1 2023 TAM based on Synopsys management estimates
For more information, visit synopsys.com.
