Ansys Inc., a Canonsburg-based company that makes advanced software simulation tools, announced plans to acquire Diakopto Inc., a San Jose, California-based software company that makes tools for semiconductor designers.
According to Ansys (NASDAQ: ANSS), the intended addition of Diakopto's products to the Ansys portfolio will offer engineers "a competitive edge" when it comes to the design and creation of high-performance integrated circuits (IC) with the use of these Electronic Design Automation (EDA) tools. It's during this design process that "critical issues caused by layout parasitics" can occur, which Diakopto's software has been built to detect early on in the design process. These tools are used by dozens of semiconductor companies globally for various use cases, Ansys said of Diakopto's software.
"Incorporating Diakopto's unique methodology will support designers using Ansys to quickly and easily pinpoint the few elements, out of billions, causing bottlenecks," Shane Emswiler, senior vice president of products at Ansys, said in a prepared statement. "Designers can then optimize and debug designs more efficiently for enhanced IC performance and reliability, and accelerate time to market."
Emswiler said the acquisition will complement Ansys' existing offerings for engineers "at every level," noting that Diakopto's user-friendly software doesn't require extensive training or advanced setups or configurations to operate and use.
"Today's announcement brings together two like-minded companies on the forefront of innovation, and we are excited about becoming part of the Ansys family," Maxim Ershov, CEO and CTO of Diakopto, said in a statement. "By joining forces with Ansys, we're confident that we can solve a broader set of problems in the chip design workflow together, strengthening offerings for our customers and driving more innovations in high-tech designs for data center, 5G, automotive and mobile applications."
Ansys did not disclose the financial terms of the deal but said it expects to close on the acquisition during the company's second fiscal quarter of 2023 following regulatory approval. The deal is also not expected to have a material impact on the company's consolidated financial statements this year.
