EU approves Synopsys' $35 billion Ansys deal under conditions (updated)
10/01/2025 18:05
(Adds EU quotes and more detail from paragraph)
Jan 10 (Reuters) - The European Commission on Friday
said it had approved the takeover by chip design software maker
Synopsys SNPS.O of software company Ansys ANSS.O , with
conditions to the $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.
"The commitments fully address the competition concerns by
ensuring that there will be sufficient competition and choice in
the global markets for the supply of optics, photonics and
register-transfer level power consumption analysis software,"
the commission said.
The acquisition can only be implemented, however, after
the buyers of the divested parts are also approved by the EU in
a separate procedure, it added.
The tie-up comes at time when leading companies including
Nvidia NVDA.O and Intel INTC.O are designing much more
complex chips that are made of many pieces, as well as designing
the massive computing systems that house the chips.
Synopsys makes tools to design the chips themselves, a
complement to offerings from Ansys, which makes software for
evaluating larger electronic systems where those chips end up.
(Reporting by Bart Meijer, Editing by Louise Heavens)
((Bart.Meijer@thomsonreuters.com;))