Synopsys considers merger with ANSYS

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The reporting speculates that the proposed acquisition "holds promises of mutual growth and amplified capabilities that could revolutionize the industries in which they operate." California-based Synopsys offers a suite of products used in the logic synthesis and functional verification phases of chip design, including a broad array of reusable design building blocks. Meanwhile, Pennsylvania-headquartered ANSYS markets engineering simulation software and services. Shares in both firms rose following the news, though both companies declined to comment. Earlier this month, Evertiq reported that Synopsys had acquired the RISC-V specialist Imperas.

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