Synopsys to Sell Optical Solutions Group to Keysight
Synopsys has agreed to sell its Optical Solutions Group to Keysight Technologies, a provider of design, emulation, and test solutions. The sale is a necessary step towards obtaining regulatory approval of and successfully closing Synopsys’ proposed $35 billion acquisition of Ansys. Financial terms of the deal were not disclosed.
Synopsys will sell its Optical Solutions Group to Keysight. Courtesy of Synopsys.
The Optical Solutions Group provides design tools and services to model all aspects of light propagation for high-accuracy optical product simulations and visualizations. This includes products such as imaging systems design software, illumination design software, and a virtual prototyping platform for imaging systems. The acquisition broadens Keysight’s design engineering software portfolio and builds on its core positions in radio frequency/microwave electronic design automation and physics-based, computer-aided engineering capabilities.
The transaction is subject to customary closing conditions, including review by regulatory authorities and the successful closing of Synopsys’ acquisition of Ansys, which is expected in the first half of 2025.
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Published: September 2024
BusinessacquisitionsSoftwareOpticssimulationOptical Solutions GroupSynopsysmergers & acquisitionsmergersKeysight TechnologiesCode VLightToolsLucidShapeRSoft Photonic Device ToolsImSymAmericasansys