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Synopsys agrees to buy system design firm Ansys for $35B
Chip design firm Synopsys has agreed to acquire simulation and analysis firm Ansys in a deal worth $35 billion.
Aart de Geus, executive chair and founder of Synopsys, highlighted the strategic evaluation that led to this decision, stating, “The technology-broadening team-up with Ansys is an ideal, value-enhancing step for our company, our shareholders, and the innovative customers we serve.” The acquisition is expected to significantly expand Synopsys’ total addressable market (TAM) by 1.5 times to approximately $28 billion, growing at an estimated 11% compound annual growth rate (CAGR). This strategic move reflects the ongoing trend of consolidation in the technology sector, with companies seeking to strengthen their positions by combining complementary capabilities to address evolving industry challenges.
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