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ANSYS Signs Definitive Agreement To Acquire Gear Design Solutions

Acquisition boosts ANSYS’ semiconductor simulation platform with big data analytics

ANSYS, the global leader and innovator of engineering simulation Ansyssoftware, announced today that it has entered into a definitive merger agreement with Gear Design Solutions, Inc., a provider of big data analytics. The transaction is expected to close in the third quarter 2015.

Gear develops and markets a purpose-built big data platform to solve problems confronting next-generation semiconductor and electronic system designs. Gear’s system elastically scales across common compute fabrics for rapid feedback toward meaningful high-impact design changes.

On-time and on-schedule delivery of robust, low-power, high-performance devices is key to the success of mobile, high-performance computing, automotive and Internet of Things electronic platforms. The combination of ANSYS’ proven technologies for low-power designs and Gear’s big data analytics will provide ANSYS’ semiconductor and electronic system customers with a best-in-class simulation platform that provides measurement validated accuracy for design sign-off and accelerate early design closure decisions.

“ANSYS is leading the industry in providing a next-generation simulation platform that leverage state-of-the-art software engineering and compute infrastructures. Big data analytics will be increasingly important for our industry-leading semiconductor and electronic system customers to achieve faster time to market for their complex multi-core design platforms created using advanced manufacturing technologies,” said Jim Cashman, ANSYS president and CEO. “Gear is an exciting addition to ANSYS that will complement our industry-standard offerings for low-power design simulation.”

“System-on-chip and associated electronic systems are naturally big data problems – the interrelated nature of the billions of unknowns align with the core technologies inherent in Gear’s simulation and analytics platform,” said John Lee, Gear CEO. “We are excited to become part of the ANSYS family with its rich 45-year history of helping customers realize their product promise. We look forward to adding great value to the ANSYS simulation platform and to ANSYS customers.”

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