2023-05-16 18:16:44 ET
- Ansys ( NASDAQ: ANSS ) on Tuesday said it had entered into an agreement to acquire Diakopto, a provider of electronic design automation (EDA) solutions.
- Terms of the deal were not disclosed.
- EDA is a market segment that consists of software, hardware and services to support and assist in the design, implementation, verification and manufacturing of semiconductor devices.
- "Semiconductor designs increasingly employ advanced process node technologies, where interconnect parasitic effects limit the performance, reliability, and functionality of designs," ANSS said in a statement .
- The company said Diakopto's products help resolve critical issues caused by layout parasitics.
- ANSS said the deal was expected to close in Q2 and was not expected to have a material impact on the company's financial statements in 2023.
- ANSS shares earlier closed marginally higher by 0.1% at $299.15.
For further details see:
Ansys to acquire electronic design automation solutions provider Diakopto