EU approves Synopsys' $35 billion Ansys deal under conditions
10/01/2025 17:30
Jan 10 (Reuters) - The European Commission on Friday
said it had approved under conditions the takeover by chip
design software maker Synopsys SNPS.O of software company
Ansys ANSS.O , a $35 billion cash-and-stock deal announced in
January last year.
The deal would see Synopsys snap up the maker of software
used in creating products from airplanes to tennis rackets of
players like Novak Djokovic.
To relieve competition concerns resulting from the deal, the
commission said both companies have agreed to divest Synopsys'
optics and photonics software and Ansys' PowerArtist software.
(Reporting by Bart Meijer)
((Bart.Meijer@thomsonreuters.com;))