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Stock impact report

Synopsys Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Competition and Markets Authority's (CMA) recently published Phase 1 findings regarding Synopsys' proposed acquisition of Ansys: Synopsys headquarters in Sunnyvale, Calif. (PRNewsfoto/Synopsys, Inc.) The CMA's Phase 1 announcement is an expected step in the UK regulatory review process. We have already taken steps to address all concerns raised by the CMA after their Phase 1 investigation. For example, Synopsys previously announced plans to sell its Optical Solutions business to Keysight, subject to the closing of Synopsys' proposed acquisition of Ansys. We will continue our constructive and collaborative engagement with the CMA in relation to our proposed remedies. Customers continue to express their overwhelming support for the transaction. Together, Synopsys and Ansys can help drive innovation across industries by addressing the rapidly increasing customer need for system design solutions that provide a deeper integration of EDA and Simulation and Analysis (S&A) software. We Show less Read more
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