REG - Competition and Mkts - Merger Update: Synopsys/Ansys

ANSYSAnnouncement

08/01/2025 12:01

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RNS Number : 4149S  Competition and Markets Authority  08 January 2025

"CMA to consider undertakings offered"

Synopsys, Inc. / ANSYS, Inc.

On 20 December 2024, the CMA decided, on the information currently available
to it, that it is or may be the case that this Merger may be expected to
result in a substantial lessening of competition within a market or markets in
the United Kingdom.

On 31 December 2024, the Parties offered undertakings in lieu of a reference
to the CMA, which involve the divestment of Ansys' power consumption analysis
product for digital chips, namely PowerArtist and Synopsys' Optical Solutions
Group, comprising Synopsys' global optics and photonics software business. The
CMA considers that there are reasonable grounds for believing that the
undertakings offered by the Parties, or a modified version of them, might be
accepted by the CMA to remedy the substantial lessening of competition
identified by the CMA.

The CMA now has until 5 March 2025 to decide whether to accept the
undertakings, with the possibility to extend this timeframe to 6 May 2025 if
it considers there are special reasons for doing so.

The text of this decision will be placed on the Competition and Markets
Authority's web site at Synopsys / Ansys merger inquiry - GOV.UK
(https://www.gov.uk/cma-cases/synopsys-slash-ansys-merger-inquiry) as soon as
is reasonably practical.

In the event of media enquiries please email Press@cma.gov.uk

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