Synopsys has just completed its acquisition of Ansys, creating a leader in engineering solutions from silicon to systems. The acquisition is expected to fast-track integrated technology roadmap, with the first set of combined capabilities planned for the first half of 2026. The combined companies are now positioned to win in an expanded $31 billion total addressable market (TAM).
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 expects to deliver the first set of integrated capabilities in the first half of 2026 that fuse multiphysics across the full EDA stack, including for multi-die advanced packaging.
This combination is also expected to bolster Synopsys’ strong financial position with projected margin expansion and greater unlevered free cash flow generation, enabling rapid deleveraging over a period of two years. Ansys common stock will no longer be listed for trading on the NASDAQ stock market.
Synopsys is dedicated to helping engineers innovate, reduce time-to-market and costs, and improve product quality by delivering unprecedented insights into how their products will perform in the real world. The company is now united with Ansys, allowing it to deliver holistic system design solutions for customers in industries spanning semiconductors, high-tech, automotive, aerospace, industrial, and more.
The 2023 TAM, based on Synopsys management estimates, is $31 billion. Synopsys is positioned to deliver industry-leading silicon design, IP, simulation and analysis solutions, and design services to enable customers to rapidly innovate AI-powered products. Following these announcements, the company's shares moved 1.93%, and are now trading at a price of $582.21. For more information, read the company's full 8-K submission here.
