Synopsys' $34 Billion Ansys Deal Gets UK Antitrust Scrutiny [Yahoo! Finance Canada]
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The Competition and Markets Authority said Friday it had opened a formal “phase one” merger probe into the acquisition and set a Dec 20. date to decide whether to escalate it to an in-depth probe. Synopsys, based in Sunnyvale, California, makes software used to design semiconductors, while Ansys makes simulation software used by engineers to help predict how products will work in the real world. The purchase, which was announced in January, is aimed at expanding Synopsys' customer base and its suite of products. In the announcement, the firms said that shareholders of Canonsburg, Pennsylvania-based Ansys will receive $197 in cash and 0.345 shares of Synopsys stock per share. “We remain confident in a positive resolution of the ongoing regulatory review processes, and we continue to expect the transaction to close in the first half of 2025,” a Synopsys spokesperson said. The CMA has stepped up its scrutiny of the tech sector in recent years, taking a c
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News
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- Is Synopsys Stock a Buy, Sell or Hold at a P/E Multiple of 37.76X? [Yahoo! Finance]Yahoo! Finance
- Black Duck Recognized as a Leader in Software Composition Analysis by Independent Research Firm [Yahoo! Finance]Yahoo! Finance
- Synopsys (SNPS) Stock Sinks As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Synopsys, Inc. (NASDAQ: SNPS) is now covered by analysts at Loop Capital. They set a "buy" rating and a $675.00 price target on the stock.MarketBeat
SNPS
Earnings
- 8/21/24 - Beat
SNPS
Sec Filings
- 10/1/24 - Form 8-K
- 9/17/24 - Form 4
- 9/4/24 - Form 4
- SNPS's page on the SEC website