Synopsys offers remedies to address EU concerns over Ansys deal
10/12/2024 11:01
BRUSSELS, Dec 10 (Reuters) - Chip design software
company Synopsys SNPS.O has offered remedies to address EU
antitrust concerns about its $35 billion cash-and-stock
acquisition of engineering software maker Ansys ANSS.O ,
according to a European Commission filing on Tuesday.
The deal, announced in January, is the biggest in the
technology sector since chipmaker Broadcom's AVGO.O $69
billion buy of software maker VMware last November.
(Reporting by Foo Yun Chee, Editing by Louise Heavens)
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