Iii. M&a, investment and financing trends in the global and domestic EDA industry:

Recent mergers and acquisitions by overseas giants are frequent

XVME-653 On a global scale, recent mergers and acquisitions in the EDA market are frequent, showing the trend of strategic restructuring and technology integration within the industry. At the start of the New Year in 2024, for example, a major event in chip design was Synopsys’ $35 billion acquisition of Ansys, an engineering simulation software company. The merger, which aims to create a global leader in everything from chip to system design, demonstrates a typical strategy of expanding product portfolio and market presence through mergers and acquisitions, while also reflecting the strong technological and market complementarities of the two parties.

XVME-653

Then, on February 15, the day after Valentine’s Day, Japanese chipmaker Renesas Electronics announced the acquisition of Altium Limited, a leading global supplier of electronic design systems, for A $9.1 billion. This move not only strengthens Renesas’ competitiveness in the PCB-level EDA tools market, but also marks the deepening of the hardware and software integration strategy, which is XVME-653 expected to break through the revenue model of relying on a single License. Subsequently, Cadence also first on the “big play”, in March 5 announced the acquisition of BETA CAE, marking its official entry into the field of structural analysis. These M&A cases not only accelerate technology integration, but also expand the market boundaries and business scope of the participating companies. On March 20, Synopsys announced the completion of another round of acquisitions, this time with Intrinsic ID, a leading provider of physically unclonable functional (PUF) IP for system-on-chip (SoC) design.