PITTSBURGH -- Ansys has entered into a definitive merger agreement with Gear Design Solutions, a provider of big data analytics.

The transaction is expected to close in the third quarter. Ansys did not immediately disclose the purchase price.

Gear develops and markets a purpose-built big data platform for next-generation semiconductor and electronic system designs. 

"The combination of Ansys' proven technologies for low-power designs and Gear's big data analytics will provide Ansys' semiconductor and electronic system customers with a best-in-class simulation platform that provides measurement validated accuracy for design sign-off and accelerate early design closure decisions," Ansys said in a press release announcing the deal.

"Ansys is leading the industry in providing a next-generation simulation platform that leverage state-of-the-art software engineering and compute infrastructures. Big data analytics will be increasingly important for our industry-leading semiconductor and electronic system customers to achieve faster time to market for their complex multi-core design platforms created using advanced manufacturing technologies," said Jim Cashman, president and CEO. "Gear is an exciting addition that will complement our industry-standard offerings for low-power design simulation."

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