Ansys to acquire electronic design automation solutions provider Diakopto
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Ansys (NASDAQ:ANSS) on Tuesday said it had entered into an agreement to acquire Diakopto, a provider of electronic design automation (EDA) solutions.
Terms of the deal were not disclosed.
EDA is a market segment that consists of software, hardware and services to support and assist in the design, implementation, verification and manufacturing of semiconductor devices.

"Semiconductor designs increasingly employ advanced process node technologies, where interconnect parasitic effects limit the performance, reliability, and functionality of designs," ANSS said in a statement.
The company said Diakopto's products help resolve critical issues caused by layout parasitics.
ANSS said the deal was expected to close in Q2 and was not expected to have a material impact on the company's financial statements in 2023.
ANSS shares earlier closed marginally higher by 0.1% at $299.15.