Ansys sells power design tool to Keysight in Synopsys deal
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Ansys is to sell its PowerArtist EDA tool to Keysight Technologies as part of its $35bn merger with Synopsys.
PowerArtist is a register-transfer-level (RTL) design-for-power platform used for early-stage power analysis and reduction of semiconductor designs across a wide range of end industry applications.
The deal is subject to customary closing conditions, including review by regulatory authorities, and the closing of Synopsys’ proposed acquisition of Ansys, which is currently pending regulatory approvals and expected to close in the first half of 2025.
The sale is intended to avoid issues with the regulators, including the CMA in the UK, (see below). Synopsys is also selling its Optical Solutions business to Keysight to meet the regulatory requirements.
“We are proud of the role PowerArtist has played to advance low power innovation across semiconductor design applications,” said John Lee, vice president and general manager, electronics semiconductor and optics business unit at Ansys. “PowerArtist will continue to flourish as part of Keysight’s portfolio as a leading, independent RTL power product agnostic of vendor-specific design implementation flows.”
The planned acquisition of the PowerArtist business expands Keysights move into high-performance system design and simulation software.
“Our acquisition of the RTL design-for-power solution from Ansys will further expand our portfolio of design engineering software solutions,” said Niels Faché, vice president and general manager, Keysight Design Engineering Software. “We look forward to strengthening our offering in digital systems and welcoming the PowerArtist team to Keysight.”
The terms of the agreement were not disclosed.
During the interim period until the transaction closes, Ansys will continue to offer Ansys PowerArtist as part of its product line, and is committed to providing the same high-quality service its customers have come to expect.
The deal is one of various moves that have reassured the UK regulator, the Competition and Markets Authority (CMA), which before Christmas was preparing for a full review of the deal.
“The parties have offered undertakings in lieu of a reference to the CMA, which involve the divestment of certain businesses. The CMA considers that there are reasonable grounds for believing that the undertakings offered by Synopsys and Ansys or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002,” said the agency.
“We are very pleased that today the CMA has taken the important step of provisionally accepting our proposed remedies in Phase 1 rather than referring the transaction to Phase 2,” said Synopsys.
“We will maintain our constructive and collaborative engagement with the CMA as it completes its process. Customers continue to express their overwhelming support for the transaction. Together, Synopsys and Ansys can help drive innovation across industries by addressing the rapidly increasing customer need for system design solutions that provide a deeper integration of EDA and Simulation and Analysis (S&A) software. We continue to expect the transaction to close in the first half of 2025.”
www.ansys.com; www.synopsys.com
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