The restructuring positioned Synopsys more competitively against rival Cadence Design Systems, Gogia said. By combining chip design automation, semiconductor IP, and multiphysics simulation, “Synopsys can now offer enterprise customers a unified path from transistor design to full system digital twins,” he said. “This shifts the competitive dynamics decisively.”
The Ansys acquisition, first announced in January 2024, expanded Synopsys’ total addressable market from $19 billion to $31 billion, according to the company. The deal faced months of regulatory scrutiny in the US, the UK, and China before coming to a close in July.
Impact on customers
The workforce reduction raises questions for enterprise IT leaders about product roadmaps and support continuity during the Synopsys-Ansys integration. The combined company served customers including Intel, AMD, and Nvidia for chip design tools, and Tesla, SpaceX, Boeing, and BMW for simulation software, according to company materials.
