EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
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The EU Competition Regulator has conditionally approved Synopsys' $35 billion acquisition of Ansys, following the companies' agreement to sell two business units to a rival to address regulatory concerns.
January 10, 2025 | 6:15 pm
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Synopsys has received conditional approval from the EU for its $35 billion acquisition of Ansys, contingent on selling two business units to a rival.
The conditional approval from the EU is a significant step forward for Synopsys in completing its acquisition of Ansys. The requirement to sell two business units addresses regulatory concerns, which reduces uncertainty and is likely to be viewed positively by investors, potentially boosting SNPS stock in the short term.
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