Cleary Gottlieb has been chosen to represent Synopsys Inc. in the recent sale of its Optical Solutions Group to Keysight Technologies Inc. The sale, which was announced on September 19, 2024, is still pending regulatory approval and the closing of Synopsys’ proposed acquisition of Ansys, expected to be finalized in the first half of 2025.
Synopsys’ Optical Solutions Group offers design tools and services that allow for accurate modeling of light propagation in optical product simulations. Some of the products included in this group are CODE V, LightTools, LucidShape, RSoft Photonic Device Tools, and the innovative ImSym platform for imaging systems virtual prototyping. These tools are designed to provide easy-to-use solutions with the support of a team of optical engineers to help customers bring high-quality optics to the market more efficiently.
Keysight Technologies, on the other hand, is a technology company focused on enabling innovators to develop groundbreaking technologies. As a prominent player in the industry, Keysight provides design, emulation, and test solutions to help engineers throughout the product development process, reducing risk and accelerating time to market. With a global presence, Keysight works with customers in various industries such as communications, aerospace and defense, automotive, semiconductor, and electronics to drive innovation and connectivity.
The acquisition of Synopsys’ Optical Solutions Group by Keysight Technologies signifies a strategic move to enhance Keysight’s offerings in the design and testing space. By combining Synopsys’ advanced optical design tools with Keysight’s expertise in technology solutions, the partnership aims to deliver even more innovative products to customers worldwide.
Overall, this acquisition highlights the continuous evolution and collaboration within the technology industry as companies strive to meet the growing demands for faster, more efficient, and high-quality solutions. Stay tuned for more updates on this exciting development in the tech world.