On January 16, Xinshi Technology and ANSYS announced that the two sides had reached the final agreement on the acquisition of Ansys in Xinshi Technology. According to the terms of the agreement, ANSYS shareholders Ansys shares per share will receive $ 197.00 cash and 0.3450 new Sisi Technology ordinary shares, with a total acquisition of about $ 35 billion. The acquisition of ANSYS will be further strengthened, and the strength of Xinshi Technology from chip to system design solutions.

 Sassine GHAZI, the global president and CEO of Xinsi Technology, said: "Facing the growing system complexity, the development of mainstream trends such as artificial intelligence, the surge in chip demand, and the software definition system requires higher calculation performance and efficiency. The world's leading EDA solution is combined with ANSYS's advanced simulation analysis technology, which will allow us to provide us with a comprehensive, powerful and seamless integration innovative paradigm from chip to systems to help technological research and development teams from all walks of life achieve development capabilities for development capabilities. maximize."

 The complexity of today's intelligent system requires semiconductor design to combine with simulation and analysis to ensure that the intelligent system of the interconnect is running normally in the actual environment. The combination of Xinshi Technology's global EDA technology with ANSYS mature simulation and analytical ability can provide customers with a comprehensive, powerful and systematic innovation method. At the same time, Xinti Technology is complementary with ANSYS's business and has a significant expansion space. The merger will further strengthen the development strategy of Xinshi Technology's "from chip to system" in the core EDA field and great potential. ANSYS has mature business layout and successful market experience in these fields.

 The merger of Xinshi Technology is expected to achieve an operating cost synergy effect of about $ 400 million in the third year after the transaction is completed. In the fourth year after the transaction, the operating income of about 400 million US dollars is achieved. In the long run, The annual synergy effect will exceed $ 1 billion.

 According to the terms of the agreement, it is expected that ANSYS shareholders will have about 16.5%of the company's estimated equity after the merger. The transaction is expected to be completed in the first half of 2025, but it is required to be approved by ANSYS shareholders, approved the necessary regulatory authorities, and other conventional transaction conditions.