Ansys and Synopsys announced that Ansys has entered into a definitive agreement for the sale of its PowerArtist business to Keysight Technologies, a global leader in design and simulation software for semiconductors, electronics and high-performance systems. The deal is subject to customary closing conditions, such as review by regulatory authorities and the closing of Synopsys’ proposed acquisition of Ansys, pending regulatory approvals, and is expected to close in the first half of 2025. Ansys and Synopsys found that the sale of PowerArtist was necessary to obtain regulatory approval for Synopsys’ proposed acquisition of Ansys.
PowerArtist is a comprehensive RTL design-for-power platform utilized by semiconductor companies for early-stage power analysis, profiling, and reduction. Compared to traditional gate-level methodologies, PowerArtist offers rapid turnaround on multimillion-instance designs—enabling power-related design decisions at an earlier stage of the design process.
Keysight is a major supplier to semiconductor and electronics companies worldwide. And its planned acquisition of the PowerArtist business furthers its strategy to expand its position in the high-performance system design and simulation software sector.
The sale of PowerArtist is not material to Ansys’ financials and the terms of the agreement were not disclosed. These parties are committed to having a seamless transition for the Ansys PowerArtist team, customers and partners. During the interim period until the deal 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.
KEY QUOTES:
“We are proud of the role PowerArtist has played to advance low power innovation across semiconductor design applications. 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.”
– John Lee, vice president and general manager, electronics semiconductor and optics business unit at Ansys
“Our acquisition of the RTL design-for-power solution from Ansys will further expand our portfolio of design engineering software solutions. We look forward to strengthening our offering in digital systems and welcoming the PowerArtist team to Keysight.”
– Niels Faché, vice president and general manager, Keysight Design Engineering Software