Synopsys Announces Landmark $35 Billion Acquisition of Ansys

On Tuesday, Synopsys agreed to pay $35 billion for Ansys, which produces software for simulating and analyzing product designs for various industries. This follows a recent $14 billion deal by Hewlett Packard Enterprise to buy Juniper Networks, showcasing changing times in the tech sector.

Sassine Ghazi, CEO of Synopsys, expressed the need for faster software to simulate the interactions of multiple components in systems. “The worlds of semiconductor design and physical simulation and analysis must come together,” he stated.

Synopsys’ closest rival, Cadence Design Systems, was also reportedly interested in acquiring Ansys. However, Synopsys confirmed that the deal would accelerate revenue growth and contribute to higher earnings.

The deal is expected to close in the first half of 2025.

News

The Media Industry’s ongoing struggle to stay relevant in a digital age

The career of Roger Fidler exemplifies a warning: Sometimes, you can predict the future but still fall victim to it. Three decades ago, Mr. Fidler was a media executive promoting a vision of the future for newspapers. The rise of digital technology would allow for news to be accessed on portable devices all day long, […]

Read More
News

The Continuous Decline of the Media Industry: A Losing Battle against the Future

Roger Fidler has had a front-row seat to the digital revolution in the newspaper industry. Thirty years ago, he was advocating for the future of newspapers as portable digital devices that would offer multimedia content to readers. While his vision has largely come to fruition with people constantly online and engaged with news, traditional media […]

Read More
News

Biden Takes Action to Limit Sale of Personal Data to China and Russia

President Biden will issue an executive order to restrict the sale of American data to China, Russia, and four other countries in an effort to protect sensitive information from being used for malicious purposes. The order aims to prevent personally identifying data, such as locations, health records, and genetics, from being obtained by these countries […]

Read More