Cadence Design Systems on Thursday said it has designed a new artificial intelligence (AI) supercomputer system that can be used to simulate how air flows over jets and other gear as its competition with Ansys heats up. Cadence is best know for its software that helps design computer chips, where the precise placement of tens of billions of tiny electrical switches called transistors can make or break a chip's speed and competitiveness. But the San Jose, California-based company is competing with its primary rival Synopsys to weave chip design software together with apps used to design and test the larger mechanical systems that those chips become a part of.
The European Commission has cleared under the EU Merger Regulation the acquisition of joint control of Simulation Software of Australia, by Blackstone and Vista Equity Partners Management, both of.