Cadence expands CAE portfolio with $3.25B MSC Software deal

Cadence expands CAE portfolio with $3.25B MSC Software deal

Cadence expands CAE portfolio with $3.25B MSC Software deal Cadence announced yesterday that it will acquire Hexagon’s Design and Engineering (D&E) business—including MSC Software—for €2.7 billion (~$3.25 billion). The deal is a mix of cash (€1.89 billion) and...
It’s done: Ansys is part of Synopsys

It’s done: Ansys is part of Synopsys

It’s done: Ansys is part of Synopsys We knew it was coming, but it’s still a bit of a shock: Synopsys announced today that has completed its $35 billion acquisition of Ansys. Synopsys CEO Sassine Ghazi said, “Today marks a transformational milestone...
Siemens + Altair = done deal

Siemens + Altair = done deal

Siemens + Altair = done deal Finally! This morning, Siemens announced that it completed the acquisition of Altair Engineering for an enterprise value of $10 billion. Siemens’ CEO Roland Busch said, “We welcome the Altair community of customers, partners...
Siemens + Altair = done deal

Apparently no new divestitures in Synopsys+Ansys

Synopsys just issued a press release about the UK’s tacit approval of its intention to acquire Ansys. It’s brief, and simply says We are pleased that the CMA has formally cleared the transaction in Phase 1 subject to previously announced divestitures. We...
Siemens + Altair = done deal

UK regulator approves Synopsys+Ansys

UK regulator approves Synopsys+Ansys Super quick while we wait for more details: Reuters just reported that the UK’s Competition and Markets Authority won’t seek further review of Synopsys’ proposed acquisition of Ansys, in effect approving the deal....
It’s done: Ansys is part of Synopsys

It’s official: Siemens buys Altair for $10 billion

It’s official: Siemens buys Altair for $10 billion From Siemens: Siemens strengthens leadership in industrial software and AI with acquisition of Altair Engineering … Siemens has signed an agreement to acquire Altair Engineering Inc., a leading provider of...
It’s done: Ansys is part of Synopsys

Synopsys + Ansys stalls in UK and South Korea

Synopsys + Ansys stalls in UK and South Korea Yes, there’s lots of earnings news to cover, but this just came across the inbox: the UK’s Competition and Markets Authority (CMA) will be investigating Synopsys’ proposed acquisition of Ansys because...