Dec 24, 10:35 AM

EU Set to Approve Synopsys' $35B Acquisition of Ansys, Divesting Two Assets for UK Competition Watchdog

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.

#European Union #Synopsys #Ansys #Broadcom #VMware #UK #EU

Written with ChatGPT (GPT-4o mini).

Sources

Markets Today@marketsday
1 year ago
Synopsys' $35 billion acquisition of Ansys is expected to be approved by the European Union, poer Reuters.
SiliconANGLE@SiliconANGLE
1 year ago
EU reportedly set to sign off on Synopsys’ $35B Ansys acquisition https://t.co/OsHFaex7pq
Techmeme@Techmeme
1 year ago
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

EU Set to Approve Synopsys' $35B Acquisition of Ansys, Divesting Two Assets for UK Competition Watchdog

Sources

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