NVIDIA invests in Synopsys to expand reach of GPU-enabled simulation Yesterday, Synopsys and NVIDIA announced that NVIDIA is taking a $2 billion equity stake in Synopsys as part of a broader partnership centered on AI, chip design, and market expansion. This deal...
Quick catchup: Ajai Gopal to join Procore, Desktop Metal finds a home, CAE partners merge, more AI A lot is going on (is there ever not?), so here are a few bits and pieces you might find interesting: I don’t usually write about executive transitions, but this...
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 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...
US FTC weighs in on Synopsys + Ansys, enters public comment period Late yesterday, the US Federal Trade Commission said that it would approve Synopsys’s acquisition of Ansys if the companies divest specific assets that the FTC believes could otherwise lead to...
Siemens, Graitec, Trace One, Procore all do deals; Synopsys+Ansys still not closed I’m still digging out from under the news that accumulated while I was on vacation. Still, I already see that there were (of course) more PLMish deals announcemed over the last...
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...
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...
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 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...
