In a pivotal move set to reshape the technology sector, ANSYS, Inc. (NASDAQ: ANSS) stockholders have overwhelmingly approved its acquisition by Synopsys, Inc. (NASDAQ: SNPS), with a deal enterprise value of approximately $35 billion. This merger was endorsed at a special meeting of shareholders, where about 98.7% of the votes cast supported the transaction. This […]
In a stunning development that is set to reshape the technology landscape, Synopsys, a pioneer in semiconductor electronic design automation (EDA), has reached an agreement to acquire Ansys, known for its comprehensive simulation and analysis portfolio. This deal, representing an enterprise value of about $35 billion, is based on the closing price of Synopsys common […]
L&T Technology Services (LTTS) has signed a memorandum of understanding (MOU) with Ansys, a provider of multiphysics engineering simulation software, for setting up the LTTS-Ansys Center of Excellence (CoE) for Digital Twin. The center will assist the Larsen & Toubro subsidiary in demonstrating industrial usage cases, developing innovative solutions for the future, and assisting its […]