(Reuters) -The UK's competition regulator said on Wednesday it might accept remedies offered by chip design software maker Synopsys and Ansys to address the concerns raised over their $35 billion deal. Synopsys announced its cash-and-stock deal for Ansys, whose software ...
Electronic design automation firm Synopsys (NASDAQ:SNPS) said on Wednesday it is "pleased" the U.K.'s antitrust agency has provisionally accepted its proposed remedies in its pending $35B deal to acquire Ansys (NASDAQ:ANSS). "We are very pleased that today the [Competition and Markets Authori...
The U.K.’s competition watchdog announced on Monday that it is assessing whetherSynopsys’planned $35 billion acquisition ofAnsysmight negatively impact competition in Britain. The Competition and Markets Authority (CMA) has ...
The deal, which has been rumored for a few weeks, is the second big acquisition in the IT sector in as many weeks, following fast on the heels ofthe $14 billion acquisition of Juniper Networks by Hewlett Packard Enterprise. And the reasons behind the Ansys deal are similar in that a big...
Ansys has also attracted other suitors, and there is no certainty that Synopsys' bid will prevail, the sources added. The offers that Ansys has attracted value it at well over $400 per share, and a deal could be announced in the coming weeks if the talks do not fall apart, the so...
The quarter also saw Synopsis move closer to gaining approval to acquire Ansys Corp. in a $35 billion cash-and-stock deal. The deal, announced inJanuary 2024, requires regulatory approval. A reportin Decembersuggested that the European Union was set to sign off on the deal, though some two...
($3.5B 2022) ahead of Synopsys ($5B 2022) which is a very big deal given the competitive history of the two companies. Synopsys may also be getting out of the software integrity business which would be a revenue hole that must be filled. The Synopsys Ansys combined revenue will be close...
Ansys16-Jan-2024Merger/AcquisitionBusiness/Productivity Software You’re viewing 5 of 128 investments and acquisitions. Get the full list » Synopsys ESG Risk Overview Risk Rating Updated March, 01, 2025 17.34 | Low Risk Risk Scale A lower score indicates better sustainability ...
a monthago |prnewswire.com UK competition regulator clears $35 billion Synopsys-Ansys deal a monthago |reuters.com SNPS Plunges 21% in a Year: Should You Hold or Fold the Stock? a monthago |zacks.com Synopsys CEO Sassine Ghazi talks AI demand and quarterly results ...
"Closing Bell" Closing Bell: Overtime: Synopsys CEO On $35B Deal For Ansys; Deere CTO On Groundbreaking Partnership With SpaceX 01/16/24 (Podcast Episode 2024) - Plot summary, synopsis, and more...