Synopsys Enters Definitive Agreement with Keysight Technologies For Sale of Optical Solutions Group

Core Viewpoint - Synopsys has entered into a definitive agreement to sell its Optical Solutions Group (OSG) to Keysight Technologies, with the transaction subject to customary closing conditions and regulatory approvals, including the pending acquisition of Ansys by Synopsys, expected to close in the first half of 2025 [2][4]. Group 1: Transaction Details - The sale of OSG is a strategic move to facilitate the regulatory approval process for Synopsys' acquisition of Ansys [2][4]. - The financial terms of the transaction have not been disclosed, and it is not expected to materially impact Synopsys' financials [4]. Group 2: OSG Overview - Synopsys' Optical Solutions Group provides advanced design tools for optical engineers, including products like CODE V, LightTools, LucidShape, RSoft Photonic Device Tools, and the new ImSym platform [3]. - These tools are designed to enhance the speed and quality of optical product development, supporting high-accuracy simulations and visualizations [3]. Group 3: Keysight's Perspective - Keysight Technologies aims to expand its software simulation portfolio through this acquisition, enhancing capabilities in optics and photonics [4]. - The integration of OSG is expected to address critical design challenges in multi-physics simulations, benefiting customers across various industries [4].