Synopsys set to gain EU approval for $35bn acquisition of Ansys [Yahoo! Finance]
ANSYS, Inc. (ANSS)
Last ansys, inc. earnings: 2/26 04:09 pm
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Source: Yahoo! Finance
Union (EU) antitrust approval for its $35bn acquisition of Ansys, reported Reuters , citing sources. Synopsys signed a definitive agreement to acquire Ansys, a simulation software company, in January this year. To address competition concerns, Synopsys has proposed selling its Optical Solutions Group and Ansys PowerArtist. This move aims to alleviate apprehensions about the impact on innovation and pricing within the market. The European Commission (EC), the antitrust authority for the 27-country European Union, is expected to conclude its preliminary review of the acquisition by 10 January 2025. The EC declined to comment on the news. Last week, the CMA indicated that the deal could proceed if its concerns are adequately addressed. CMA senior director of mergers Naomi Burgoyne said: “Synopsys and Ansys are important suppliers of semiconductor chip design and light simulation software, and we are concerned that this deal could reduce innovation and lead to higher prices
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ANSS
News
- Ansys & Sony Semiconductor Team Up to Boost Perception Testing in AVs [Yahoo! Finance]Yahoo! Finance
- UK watchdog says $35 billion Synopsys-Ansys deal raises competition concerns [Yahoo! Finance]Yahoo! Finance
- Ansys Collaborates with Sony Semiconductor Solutions to Advance Scenario-Based Perception Testing in Autonomous Vehicles [Yahoo! Finance]Yahoo! Finance
- Ansys Collaborates with Sony Semiconductor Solutions to Advance Scenario-Based Perception Testing in Autonomous VehiclesPR Newswire
- China Tightens Grip: Nvidia's Mellanox Deal Under Review, Synopsys-Ansys Delayed [Yahoo! Finance]Yahoo! Finance
ANSS
Earnings
- 11/6/24 - Beat
ANSS
Sec Filings
- 12/27/24 - Form 8-K
- 12/26/24 - Form 4
- 12/26/24 - Form 4
- ANSS's page on the SEC website