ANSYS To Acquire Gear Design Solutions

(RTTNews) - ANSYS (ANSS), the global leader and innovator of engineering simulation software, agreed to acquire Gear Design Solutions, Inc., a provider of big data analytics. The transaction is expected to close in the third quarter 2015.

Gear develops and markets a purpose-built big data platform to solve problems confronting next-generation semiconductor and electronic system designs. Gear's system elastically scales across common compute fabrics for rapid feedback toward meaningful high-impact design changes.

The acquisition will boost ANSYS' semiconductor simulation platform with big data analytics.