Latest news with #Synopsys


Hans India
7 hours ago
- Business
- Hans India
India's electronics exports cross $40 billion: Vaishnaw
Hyderabad: Union Minister Ashwini Vaishnaw on Saturday announced a major leap in India's electronics manufacturing sector, stating that exports have crossed the $40 billion mark — an eight-fold growth over the past 11 years. Domestic electronics production has also increased by 6 times, reflecting a strong upward trajectory in India's digital economy. Speaking at the 14th Convocation of IIT Hyderabad, Vaishnaw attributed this exponential rise to Prime Minister Narendra Modi's strategic vision. 'In just 11 years, we've multiplied electronics production six times and exports eight times. This kind of double-digit CAGR is rare globally,' said Vaishnaw. Highlighting India's advancements in telecommunications, Vaishnaw revealed that the country had successfully developed a complete 4G telecom stack within three and a half years. The stack is now deployed across nearly 90,000 telecom towers, surpassing the network coverage of many developed nations. To enhance innovation, the government has established 100 dedicated 5G labs, providing students with hands-on experience in real-world applications of next-generation wireless technologies. Turning to the semiconductor sector, the minister stated that India is poised to manufacture its first commercial-scale Made-in-India chip within this year. He expressed optimism that India would soon rank among the top five semiconductor-producing nations, highlighting the country's increasing focus on capital equipment and materials crucial for chip manufacturing. Vaishnaw also announced a large-scale talent development initiative aimed at skilling the semiconductor workforce. The Centre has distributed the latest Electronic Design Automation (EDA) tools from global leaders — Cadence, Synopsys, and Siemens — to 270 colleges and institutions. Including startups, the reach extends to 340 institutions. 'No other country has launched a semiconductor talent program of this magnitude,' Vaishnaw remarked. In the transport sector, India's first bullet train is making steady progress, and it is expected to be operational by August or September 2027. Meanwhile, the Indian Railways has already advanced to manufacturing version three of the Vande Bharat train at the Integral Coach Factory in Chennai, showcasing significant strides in indigenous railway engineering. Vaishnaw cited five foundational pillars for India's technological rise — electronics manufacturing, artificial intelligence, semiconductors, the telecom sector, and railways — positioning them as key drivers for the country's next-generation growth and global competitiveness. Let me know if you'd like this adapted into a press release format or designed as a digital feature. Medak MP M Raghunandan Rao and senior officials of the university were present. Later, the minister visited the TiHAN: India's first autonomous navigation testbed for aerial and terrestrial systems of IIT Hyderabad, driving research and innovation in self-driving vehicles and drones.


Technical.ly
2 days ago
- Business
- Technical.ly
Pittsburgh weekly roundup: Skild opens San Francisco office; Ansys acquisition complete; Forge AI Pitch Challenge
This week in Pittsburgh, the data center gold rush, advice from angel investors on raising capital and more. Read on for weekly roundup of top news in the region. 📰 News Incubator: What else to know • What happens when a data center comes to town? PA's Dorrance Township doesn't want to find out. With real estate developers sniffing around for potential, this rural community is setting up protections before applications start rolling in. [ ] • Skild AI is expanding to San Francisco, a controversial move in the Pittsburgh startup scene. When Abridge announced its intention for a similar move in March, it sparked a debate about why the local talent scene isn't enough for these hypergrowth firms. [ Pittsburgh Biz Times / ] • Synopsys finally completed its $35 billion acquisition of Cannonsburg-based Ansys, after more than a year checking all the legal boxes. [ Synopsys / ] • Protestors surrounded the Energy and Innovation Summit, as Pittsburghers spoke up against Carnegie Mellon University's decision to host President Donald Trump and the impact of AI development on climate change. [ / Pittsburgh City Paper / WESA] • Apply by Aug. 8 for a chance to be recognized as one of the region's top AI startups — and win $50,000 — at the Forge AI Pitch Challenge. [ AI Horizons ] • People aren't moving for jobs, but instead to places they want to live and then finding jobs there, Chris Wink writes in his latest column. In Pittsburgh, telling its unique stories of relative cost of living and quirky culture can be the thing that pulls talent in. [ ] • It just got easier for union workers to report employer violations. Allegheny County launched the confidential Right to Organize Incident Report Form to document the errs, but you should still file a formal complaint, too. [ Allegheny County ] • ICYMI: Catch up on the top takeaways from local startup CEOs Shiv Rao, John Thornton, Jake Loosararian and more at the AI Horizons kickoff event earlier this week. [ Pittsburgh Slack channel ] • If your startup exit strategies rely on M&A, start by finding the right advisor to guide you through it. Here are 10 tips to sift through the candidates. [ ] 🗓️ On the Calendar • Fix your gaming keyboard and get back to gameplay at a $25 electronics repair class hosted by Hackers Guild PGH on July 19. [ Sign up ] • Get access to 3D printers at Prototype PGH at a training session for beginners on July 19. The event costs $10 to attend, but no one will be turned away due to lack of funds. [ Register ] • Level up your woodworking skills at HackPGH's picture frame design class. The July 20 event costs $185 and is recommended for folks with beginner woodworking knowledge. [ Attend ] • Head to the University of Pittsburgh for JuliaCon from July 22 to 25. Prices vary, but for an additional fee, you can attend a Pirates game with fellow enthusiasts of the coding language. [ Get tickets ] • Learn how to access your Bitcoin on the Solana blockchain, followed by a Federal Galley hangout, with BitDevs Pittsburgh on July 23. [ More info ] • Brush up on your sketching skills and meet new people at Ascender's Pictionary Happy Hour on July 24. [ Details here ] • Procrastinate on your latest project by catching up with friends or finally make time for that deadline you've been putting off at Avenu: Meyran's coworking summer Fridays on July 25. [ Learn more ]


Forbes
2 days ago
- Business
- Forbes
Synopsys Ansys Acquisition Enables Leading Simulation Enhanced Design
Synopsys President and CEO Sassine Ghazi After a long 18 months of negotiations and regulatory scrutiny, Synopsys has finalized its approximate $35 billion acquisition of Ansys. This acquisition merges two leading companies in their respective markets to create a single, end-to-end engineering, design and simulation platform that spans from silicon to full systems. Initially announced in January 2024 and finalized on July 17, 2025, the deal combines Synopsys' leadership in electronic design automation (EDA) and semiconductor IP with Ansys' advanced capabilities in multi-physics simulation and analysis. The acquisition was cleared by regulators across the U.S., EU, UK, and China, and unites two complementary portfolios, but also addresses the fundamental need for deeper integration between electronics and physics at every stage of product development — from the transistor level to complete systems. Simulation Is Paramount In The Design Of Complex System Synopsys and Ansys have been partnered for a number of years, but the combined entity will allow for much deeper IP sharing and ultimately a unification of their software and tool stacks. By integrating Ansys' multi-physics engines within its EDA toolset, Synopsys can enable concurrent, simulation-driven co-design across silicon, PCB, packaging, and full system-level architecture, to improve outcomes and speed time to market. This deep, expansive level of integration is particularly critical in areas like chiplet-based design, AI accelerators, 5G infrastructure, and automotive platforms (among others), where the interaction between hardware, software, and environmental conditions determines a product's viability and performance. With digital simulations happening earlier and more often through various design phases, companies can now virtually optimize performance, power, area and reliability before a single chip design is taped out or a first system prototype is built. Scale And Potential Market Expansion The combined entity will cater to a significantly larger addressable market — estimated at $31 billion — spanning core EDA, IP, and multi-physics simulation. Financial analysts have responded favorably to the deal, pointing to long-term revenue synergies and improved operational leverage. Several investment firms have upgraded Synopsys' outlook, citing the company's unique position in the industry to address a broader scope of design, simulation and analysis. The move also solidifies Synopsys's competitive position against competitors like Cadence and Siemens EDA. Synopsys Has Finalized Its Acquisition Of Ansys Integration Strategy And Customer Engagement Synopsys has outlined a methodical integration roadmap, aiming to preserve customer experience while also delivering better value. The company reaffirmed support for Ansys' existing customer platform and pledged to maintain product interoperability across both ecosystems. Early integration efforts are focused on embedding multi-physics capabilities into Synopsys' chip design and verification tools, as well as enabling co-simulation for advanced 2.5D and 3D multi-die systems. In a discussion with Shankar Krishnamoorthy, Chief Product Development Officer at Synopsys, to better understand the impact and goals of the acquisition, I was told that initial joint solutions are expected to roll out sometime in the first half of 2026. These will target critical use cases where electrical, mechanical, and thermal challenges intersect, like heterogeneous integration, power-aware verification, and real-time system-level analysis for mission-critical applications. In the immediate short term, however, the deal allows for deeper IP sharing, which will enable the company and its customers to rethink design processes and flows, to improve final outcomes and speed time-to-market. While the acquisition makes perfect sense, considering the obvious synergies between the companies, execution will be key. Integrating two engineering-centric cultures and complex product portfolios is never easy. However, Synopsys' history of successful acquisitions and the historic, on-going collaboration and partnership with Ansys bodes well for a smooth transition. An Expansive Design And Simulation Platform For The AI Era As devices become more complex and development cycles get even shorter, traditional handoffs between disciplines are no longer sufficient. Synopsys, with Ansys' technology in its portfolio, is now better positioned to deliver simulation-centric design workflows that scale from the transistor level all the way to full system deployment. Ultimately, this acquisition is about enabling the next generation of intelligent systems — not just faster chips, but smarter, safer, and more efficient products across industries. From edge devices and electric vehicles to aerospace and digital twins, the Synopsys-Ansys combination will provide a unified platform that empowers engineers to simulate the real world as part of the design process, which is key to accelerate time to market with optimal final outcomes, at a time when human engineering resources are slim.
Yahoo
2 days ago
- Business
- Yahoo
Synopsys CEO Sassine Ghazi took us inside his $35 billion acquisition of Ansys, which closes today
In today's CEO Daily: Diane Brady talks to Synopsys CEO Sassine Ghazi. The big story: More letters, more tariffs. The markets: Low drama. Analyst notes from Macquarie on the 'fiscal capture' of tariffs, Wedbush on woes at ASML, and Wedbush's Q2 tech earnings preview. Plus: All the news and watercooler chat from Fortune. Good morning. Synopsys CEO Sassine Ghazi just did something that's making jaws drop: He convinced regulators in China and the U.S. to approve the company's $35 billion acquisition of Ansys that's set to close today. The reaction from fellow CEOs, he told me: 'How did you get one of the most complex deals done in such a complex time?' With tensions high, the business case for bringing together two U.S. tech companies making products critical for Chinese clients wasn't going to sell itself. 'I've been to China maybe eight times this year,' he said. 'I found myself being a U.S. ambassador to China, explaining the Synopsys position and understanding what they care about. And, back in the U.S., representing the importance and need for us as a global company to continue leading with innovation.' The tough part wasn't the antitrust review of a $6.1 billion-a-year leader in chip design's bid to buy a $2.5 billion-a-year leader in engineering software, he said. It was negotiating 'access to the technology in the event things happen between the two countries.' What helped was 'overwhelming customer support' and a recognition among Chinese regulators that 'if they were too difficult or too constraining, it's not good for China.' (The Federal Trade Commission had granted conditional approval in May.) His advice for others trying to win over authorities in both markets? 'From the beginning, the message was consistent with the U.S. and with China: I'm not a politician. I represent a global company with opportunities that we see across every region,' he said. 'With China in particular, I believe they have a great opportunity to take their strength in manufacturing and take it to the next level of intelligent manufacturing. And the U.S. has many, many other strengths with compute, software applications, etc. It's important for Synopsys to have access to both markets to continue leading.' And it mattered that he went to China to speak with officials himself. 'I was not getting an update once a month on how things are going. Did I have moments where it was depressing, leaving a meeting and seeing all kinds of surprises happening out of our control? Of course. At the end of May, we had a complete blackout and restriction on selling to China. That was a tough moment. I happened to be in China the week after, having to explain it, not knowing how long these uncertainties will be. I never doubted we'd get it done, but I started doubting the timing.'Contact CEO Daily via Diane Brady at This story was originally featured on Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
The Trade Desk Stock Soars on Inclusion in S&P 500. History Says This Will Happen Next.
Key Points The Trade Desk stock advanced more than 7% on news that it would be added to the S&P 500 on July 18. During the last decade, stocks have returned an average of 13.6% following their addition to the S&P 500. The Trade Desk was recently ranked as a leader in ad tech software due to consistent growth and innovation. These 10 stocks could mint the next wave of millionaires › Shares of The Trade Desk (NASDAQ: TTD) have advanced more than 7% this week due to news of its inclusion in the S&P 500 (SNPINDEX: ^GSPC). The digital advertising company will be officially added to the popular index on July 18. It will replace Ansys, which was acquired by Synopsys. Importantly, The Trade Desk has been a phenomenal long-term investment. The stock is up 760% in the last seven years, and history says it could climb even higher in the near term after its addition to the S&P 500. Here's what investors should know. Historically, stocks tend to increase following their inclusion in the S&P 500 In total, about 175 companies were added to the S&P 500 over the last decade, meaning a little more than a third of the index was replaced during that time. Those stocks returned an average of 13.6% in the 12-month period following their inclusion. Put differently, history says The Trade Desk stock will advance about 14% in the next 12 months. Readers may be wondering why stocks tend to increase following their inclusion in the S&P 500. The answer lies in the many investment products linked to the index. Any fund tracking the S&P 500 has to buy stock in The Trade Desk to ensure its composition matches that of the benchmark index. That buying activity puts upward pressure on the share price, at least temporarily. "Inclusion in the U.S. equity benchmark can elevate a company's profile and is becoming more important as passive investment funds grow," according to Bloomberg. But tailwinds arising from a company's addition to the S&P 500 are short lived. So, investors should ask themselves if The Trade Desk is a smart long-term investment before purchasing shares. The Trade Desk is a recognized leader in ad tech software The Trade Desk is the largest independent demand-side platform (DSP) in the ad tech industry. Its software leans on artificial intelligence (AI) to help agencies and brands plan, measure, and optimize campaigns across digital channels. Importantly, the company is the dominant DSP in connected TV advertising where it sources inventory from Walt Disney, Netflix, and Roku. The Trade Desk's independence means it does not own media content or ad inventory, so it has no reason to steer customers toward specific web properties. That eliminates conflicts of interest inherent to competitors like Alphabet and Meta Platforms, which have a clear incentive to sell their own ad inventory. Portfolio managers at The Ithaka Group recently described the company's competitive moat as stemming from its "industry-leading technology stack, its trusted brand due to its singular focus on the buy-side of the ad ecosystem (no conflicts of interest), and its transparent reporting that details the ROI on each ad dollar spent." Indeed, Frost & Sullivan analysts recently ranked The Trade Desk as the leading DSP based on growth and innovation. In particular, the report mentioned sophisticated AI tools added during the most recent upgrade, which help media buyers optimize ad campaign performance through AI-powered budgeting, bidding, and targeting. Wall Street estimates The Trade Desk's adjusted earnings will grow at 12% annually through 2026. That makes the current valuation of 47 times adjusted earnings look expensive. But I think analysts are mistaken. Ad tech spending is projected to grow at 14% annually through 2030, and The Trade Desk has consistently gained market share. If that continues, earnings will likely grow more quickly. Additionally, Wall Street has consistently underestimated The Trade Desk in the past. The company beat the consensus earnings estimate by an average of 12% during the last six quarters. If that continues, the current valuation would look more reasonable in hindsight. Patient investors should feel comfortable buying a small position today. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $442,699!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $39,697!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $679,653!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of July 14, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Roku and The Trade Desk. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Netflix, Roku, Synopsys, The Trade Desk, and Walt Disney. The Motley Fool has a disclosure policy. The Trade Desk Stock Soars on Inclusion in S&P 500. History Says This Will Happen Next. was originally published by The Motley Fool Sign in to access your portfolio