Synopsys, Inc. has completed its acquisition of Ansys, Inc., with the transaction officially finalized on July 17, 2025. Under the terms of the merger, Ansys stockholders received a combination of Synopsys stock and cash, with adjustments made to the exchange ratio to comply with regulatory limits. The merger is expected to enhance Synopsys' capabilities in engineering solutions, particularly in silicon design and system simulations, thereby expanding its total addressable market significantly.
Following the merger, Synopsys appointed former Ansys executives Ajei Gopal and Ravi Vijayaraghavan to its board of directors. The acquisition is anticipated to strengthen Synopsys' financial position, with expectations of margin expansion and increased cash flow. Ansys common stock will no longer be traded on NASDAQ, marking a significant shift in Synopsys' operational structure and market strategy.
linkJul 17, 2025 09:05:43
Synopsys, Inc. has received all necessary approvals to proceed with its acquisition of Ansys, Inc. The transaction, announced on January 16, 2024, is expected to close on or about July 17, 2025, pending the satisfaction of remaining customary closing conditions. This acquisition aims to combine Synopsys' silicon design solutions with Ansys' simulation and analysis capabilities, creating a leader in engineering solutions from silicon to systems.
Investors are advised to review the registration statement and proxy statement/prospectus filed with the SEC for important information regarding the proposed transaction. These documents detail the transaction's terms and any associated risks. Free copies of the relevant filings can be obtained from the SEC's website or directly from Synopsys and Ansys' investor relations pages.
linkJul 14, 2025 09:05:17
On July 2, 2025, Synopsys received notification from the U.S. Department of Commerce that export restrictions related to China have been rescinded, effective immediately. The company is now working to restore access to its products that were previously restricted in the Chinese market.
Synopsys is currently assessing the impact of these export restrictions on its business operations and financial results. This development may influence the company's performance and stock price as it navigates the restoration of product access in China.
linkJul 03, 2025 09:16:56
On July 2, 2025, Synopsys received notification from the U.S. Department of Commerce that export restrictions related to China have been rescinded, effective immediately. The company is now working to restore access to the products that were previously restricted in the Chinese market.
Synopsys is evaluating the implications of the lifted restrictions on its business, operating results, and financial performance. The company aims to assess how these changes may influence its operations moving forward.
linkJul 03, 2025 09:16:56
On May 29, 2025, Synopsys announced it received a letter from the Bureau of Industry and Security of the U.S. Department of Commerce regarding new export restrictions related to China. The company is currently evaluating the potential effects of these restrictions on its business and financial condition.
This development follows the release of Synopsys' financial results for the second fiscal quarter ending April 30, 2025. The company has indicated that it is assessing the implications of the BIS Letter, which may impact its operating results.
linkMay 29, 2025 16:57:25
Synopsys, Inc. announced its financial results for the second quarter of fiscal year 2025, reporting revenue of $1.604 billion, which surpassed the midpoint of its guidance. The company also reported GAAP earnings per diluted share of $2.24 and non-GAAP earnings per diluted share of $3.67, both of which exceeded guidance compared to the same quarter in the previous year. The revenue increased from $1.455 billion in Q2 2024, indicating growth driven by trends in AI and software-defined systems.
The company reaffirmed its full-year 2025 revenue guidance and non-GAAP operating margin guidance. Following the sale of its Software Integrity business, Synopsys presented its financial results based on continuing operations. The net income for the second quarter was $349.2 million on a GAAP basis, compared to $299.1 million in the same quarter last year. Non-GAAP net income was reported at $572.7 million, up from $466.9 million year-over-year.
linkMay 28, 2025 16:39:49
The press release highlights improvements in various financial metrics, including an increase in total income, which rose to $8,051,431 from $7,322,875. Additionally, there was a notable rise in stock-based compensation, reflecting a growing investment in employee incentives. The company also reported a reduction in total borrowings under its revolving loan facility, indicating a stronger liquidity position. Furthermore, improvements in segment reporting and income tax disclosures were noted, suggesting enhanced transparency in financial reporting.
On the negative side, there were significant losses reported, with net losses amounting to $(1,416,655) compared to $(147,580) in the previous period. The company experienced a decline in cash equivalents and short-term investments, which decreased to $410,515. Additionally, the stock repurchase program and other financial commitments may raise concerns about future cash flow management. Overall, while there are positive developments, the losses and reductions in cash resources present challenges.
linkFeb 27, 2025 17:11:00
Synopsys, Inc. reported a quarterly revenue of $1.455 billion for the first quarter of fiscal year 2025, which is a decrease from $1.511 billion in the same quarter of the previous year. However, the company achieved GAAP earnings of $1.89 per diluted share and non-GAAP earnings of $3.03 per diluted share, both exceeding their guidance. The results reflect the company's strong operational execution and innovation, particularly in areas such as advanced silicon design and generative AI capabilities.
On the downside, the net income for the quarter was $295.7 million, significantly lower than the $437.5 million reported in Q1 of fiscal year 2024. Non-GAAP net income also declined from $525.5 million to $473.2 million year-over-year. Additionally, Synopsys completed the sale of its Software Integrity business on September 30, 2024, which has been reported as a discontinued operation, impacting the year-over-year comparisons. Despite these challenges, the company reaffirmed its full-year guidance, expecting double-digit revenue growth.
linkFeb 26, 2025 16:31:40
Synopsys, Inc. announced record quarterly revenue of $1.636 billion for Q4 2024, marking an 11% increase from the previous year. The company also reported non-GAAP earnings per diluted share of $3.40, up 13% year over year, and a full-year revenue of $6.127 billion, which reflects a 15% growth compared to fiscal year 2023. The successful sale of its Software Integrity business and the pending acquisition of Ansys were highlighted as strategic moves for future growth.
On the downside, the GAAP net income for Q4 2024 was reported at $279.3 million, a decrease from $346.1 million in Q4 2023, resulting in a diluted EPS drop from $2.23 to $1.79. The company is also navigating macroeconomic uncertainties and the implications of a fiscal year calendar change, which could impact its financial targets for 2025. Despite these challenges, Synopsys remains focused on executing its strategy and adapting to the evolving technology landscape.
linkDec 04, 2024 16:30:54
Synopsys, Inc. announced impressive financial results for the third quarter of fiscal year 2024, achieving record revenue of $1.526 billion, which is a 13% increase compared to the same quarter last year. The company also reported significant growth in earnings per share, with GAAP earnings at $2.73 and non-GAAP earnings at $3.43, surpassing expectations. This strong performance is attributed to the company's robust business execution and expanding customer base, particularly in technology sectors focused on artificial intelligence and system performance optimization.
Despite a positive outlook, Synopsys has recently divested its Software Integrity business, which may impact its future operations. However, the company remains optimistic, projecting a 15% growth in full-year revenue and a 24% increase in non-GAAP earnings per share. The leadership team emphasizes that their success is driven by their innovative products and strategic focus on enhancing system performance, positioning them well in a competitive market.
linkAug 21, 2024 16:31:52