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Synopsys' $35 billion acquisition of Ansys is expected to be approved by the European Union, poer Reuters.
EU reportedly set to sign off on Synopsys’ $35B Ansys acquisition https://t.co/OsHFaex7pq
Sources: the EU will conditionally approve US chip design software company Synopsys' $35B Ansys acquisition, the largest tech deal since Broadcom bought VMware (@fooyunchee / Reuters) https://t.co/Ir156hYJbR https://t.co/FvJuqvwYih https://t.co/ZOzeer1FAj
The European Union is poised to approve Synopsys' $35 billion acquisition of Ansys, contingent upon Synopsys' commitment to divest two assets. This acquisition, which is the largest tech deal since Broadcom's purchase of VMware, is expected to receive similar remedies from Synopsys for the UK competition watchdog as it has offered to the EU. Sources familiar with the matter indicated that the approval is imminent, marking a significant step for Synopsys in expanding its portfolio in the chip design software sector.
