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

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RNS Number : 7346W  Competition and Markets Authority  12 February 2025

Consultation on undertakings in lieu: Anticipated acquisition by Synopsys,
Inc. of ANSYS, Inc.

The Competition and Markets Authority (CMA) has opened a consultation on
undertakings in lieu of a reference offered by the Parties to address
competition concerns identified by the CMA over the anticipated acquisition by
Synopsys, Inc. of ANSYS, Inc. (the Merger).

On 20 December 2024, the CMA announced that it would refer the Merger for an
in-depth, Phase 2 investigation unless the Parties offered acceptable
undertakings in lieu to address the CMA's concerns.

To address the CMA's concerns, the Parties have offered to divest Ansys'
global business relating to its register-transfer-level power consumption
analysis product, namely PowerArtist, and Synopsys' Optical Solutions Group,
the latter comprising Synopsys' global optics and photonics software business.

On 8 January 2025, the CMA announced that it would look in detail at these
offered undertakings in lieu. The CMA has until 5 March 2025 to consider
whether to accept the undertakings in lieu, or a modified version of them. As
part of this process, the CMA is now consulting publicly on whether the
proposal is sufficient to address the competition concerns identified by the
CMA.

Before reaching a final decision, the CMA is therefore inviting interested
parties to make their views known. The deadline for responses is 26 February
2025.

The consultation on the offered undertakings in lieu and all other information
relating to this merger investigation can be found on the dedicated case page
on the CMA's website at Synopsys / Ansys merger inquiry
(https://www.gov.uk/cma-cases/synopsys-slash-ansys-merger-inquiry) .

In the event of media enquiries please email press@cma.gov.uk
(mailto:press@cma.gov.uk) .

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