ANSYS Signs Agreement to Acquire Gear Design Solutions

ANSYS, a provider of engineering simulation software, has entered a definitive merger to acquire Gear Design Solutions Inc. The California-based company is a provider of Big Data analytics.

Gear develops and markets a purpose-built Big Data platform to solve problems faced by next-generation semiconductor and electronics system designs. According to the company, it can elastically scale across common compute fabrics for rapid feedback toward high-impact design changes.

With this acquisition, a company press release states, ANSYS will provide semiconductor and electronic system customers with an enhanced simulation platform that offers measurement validated accuracy for design sign-off.

“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.”

For more information, visit ANSYS.

Sources: Press materials received from the company and additional information gleaned from the company’s website.