Synopsys to acquire ansys, creating a leader in silicon to systems design solutions

Highlights: combines leaders in semiconductor design technology and simulation and analysis to address customers' needs for fusion of electronics and physics, augmented with ai enhances and accelerates synopsys' silicon to systems strategy in core eda and new attractive, adjacent growth areas expands synopsys' tam by 1.5x to ~$28 billion, growing at ~11% cagr1 delivers high-growth, high-margin, recurring revenue; expected to expand non-gaap operating margins by ~125 basis points and unlevered fcf margins by ~75 basis points in first full year post closing expected to be accretive to non-gaap eps within second full year post-close and substantially accretive thereafter2 sunnyvale, calif. and pittsburgh , jan. 16, 2024 /prnewswire/ -- synopsys (nasdaq: snps) and ansys (nasdaq: anss) today announced that they have entered into a definitive agreement under which synopsys will acquire ansys.
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