Optical Solutions Group
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Keysight Completes Acquisition of Synopsys' Optical Solutions Group and Ansys' PowerArtist
Businesswire· 2025-10-17 12:30
Core Insights - Keysight Technologies, Inc. has completed the acquisition of the Optical Solutions Group from Synopsys, Inc. and PowerArtist from Ansys, Inc. [1] - These acquisitions are aimed at enhancing Keysight's design engineering software portfolio and computer-aided engineering capabilities [1] - The strategic move is expected to enable customers to bring innovative designs to market more quickly [1] Company Summary - The Optical Solutions Group is recognized as a leading developer in optical design and analysis [1] - The acquisition of PowerArtist will further strengthen Keysight's offerings in the engineering software domain [1]
Synopsys (SNPS) Gets Approval to Divest Optical and PowerArtist Businesses
Yahoo Finance· 2025-10-15 14:20
Core Insights - Synopsys, Inc. has received regulatory approval to proceed with the sale of its Optical Solutions Group and PowerArtist businesses to Keysight Technologies as part of its acquisition of Ansys, completed on July 17, 2025 [1][2]. Group 1: Business Transactions - The divestitures of the Optical Solutions Group and PowerArtist businesses are required by regulatory authorities and are expected to be concluded around October 17, 2025 [1][2]. - These transactions are not material to Synopsys's financials, indicating that they will not significantly impact the company's overall financial performance [2]. Group 2: Company Overview - Synopsys, Inc. specializes in providing tools and services for the design and manufacture of semiconductor chips and electronic systems, focusing on electronic design automation (EDA) tools, silicon intellectual property (IP), simulation and analysis solutions, and design services [3].
Synopsys Receives Final Regulatory Approval to Close Planned Divestitures of Synopsys Optical Solutions Group and Ansys PowerArtist
Prnewswire· 2025-10-10 13:00
Core Points - Synopsys, Inc. has received approval for the divestiture of its Optical Solutions Group and PowerArtist businesses to Keysight Technologies, Inc. [1][2] - The divestitures are a regulatory requirement related to Synopsys' acquisition of Ansys, which was completed on July 17, 2025 [2]. - The expected completion date for these divestitures is around October 17, 2025 [2]. - The transactions are not material to Synopsys' financials, and specific terms of the agreements have not been disclosed [2]. Company Overview - Synopsys, Inc. is a leader in engineering solutions from silicon to systems, focusing on enabling customers to innovate AI-powered products [3]. - The company provides industry-leading silicon design, IP, simulation, and analysis solutions, along with design services [3]. - Synopsys collaborates closely with customers across various industries to enhance their R&D capabilities and productivity [3].