imho, cdns for sure would have totally destroyed anss and ripped it apart into dozens of pieces, selling off some and shutting down ohers - just to get rid of the hated competitor in simulation.
with snps lured into a bidding war they cleverly managed to inflate the price to absolutely absurd levels at 35bln, knowing how long that would keep snps busy.
cdns managed to place a poison pill into the merger remotely... well done...
What I heard is Cadence made an unsolicited offer to buy Ansys first. C has always been aggressive to Ansys, and there are multiple direct competing fields between them two. SNPS, in the other hand, has not had much business overlaps with Ansys, and there have been some cross-product collaborations. Ansys then contacted multiple potential buyers to get a good bid.
If the rumored 10% cut in Sunnyvale happens, things will get interesting. After last December's layoffs, there’s almost no "fat" left in the R&D teams I work with. This means any further cuts will likely target middle management or senior R&D staff who no longer code.
it will be 10% headcount reduction in Sunnyvale.
@vq ajei has part in this, was fattening the pig
@vq Might be possible for Nvidia to swoop in and buy up the Ansys scraps. They could use the sim ecosystem to build out demos of their technologies.
Not sure if that would be good for employees, but it might be nice to be part of a company whose equity isn’t halving every six months.
reselling Ansys as a whole at this point totally ruin the brand and its technology.
Selling those parts of Ansys not needed in Synopsys sounds like a more logical approach, but would also diminish the intrinsic value Ansys had prior to the acquisition, think multiphysics/automation/ai/customer base in automotive/mil-aero etc
Keeping all of Ansys and bleeding it to death slowly won't help either.
Looks like threre is no good outcome for us at Ansys at this point... 2 yrs ago this was a thriving company under Ajei approaching 3bln, not it's in a death spiral.
@sc interesting as I also found this article from a few weeks ago. Odd that the number is 55 impacted employees in both scenarios. Perhaps one and the same? Interesting the cause in the below is to support the Nvidia deal and not reduction from the acquisition. Who knows what’s reality at this point
https://www.bizjournals.com/sanjose/news/2026/03/24/synopsys-layoffs-55-employees-nvidia-ansys-chips.html
Saw this so looks like something’s at play …
https://www.msn.com/en-us/money/general/prominent-electronic-design-automation-company-to-lay-off-55-at-sunnyvale-site/ar-AA1Zp6ye?ocid=BingNewsVerp#:~:text=SmartAsset-,Tech%20Firm%20Synopsys%20Announces%20Job%20Cuts%20at%20Silicon%20Valley%20Office,costs%20or%20refocus%20business%20strategy.
@r0 This merger appears to be a serious misstep for both companies. The boards and executive teams, including Aart, seem to have made a short-sighted decision that should be carefully examined and held to account. While divesting Ansys may seem straightforward, it comes at the risk of damaging the company’s brand reputation and long-term value. What a dum--ss decision to merge in the first place.
Elliot investment stake could signal change. Booting current leadership with their asinine ‘silicon to systems’ logo would be a good start.
Might see Ansys products actually divested instead of starved and layed off into oblivion-that would be a minor improvement.
You're assuming they made any "post merger" decisions. Just like our current administration, the leadership at SNPS seems to just operate on whims and assumptions that it'll work out later, while it's painfully obvious they have no idea what they're doing as they flounder around.
Get out if you can. Much easier said than done though.
@jv Too late I think - most folks are prepping their lifeboat to get as far away as soon as possible
There's no light at the end of the tunnel since there's no change in policy or procedure - so why would things get better ?
they better stop that downward spiral before everybody skilled packs and leaves.
@OP
I had really hoped they were done at least for a little while. How many rounds of layoffs and restructuring can one company do? At some point it stops feeling like a strategy and just feels like chaos confusion and painfully low morale