Synopsys, founded in 1986 and headquartered in the United States, is a privately owned electronic design automation company. It employs over 17,470 people and specializes in silicon design and verification, silicon intellectual property, software security, and quality. Synopsys provides tools and services to the semiconductor design and manufacturing industry, enabling them to create and verify complex integrated circuits and systems.
The European Commission conditionally approved Synopsys' proposed $35 billion acquisition of Ansys on Friday, January 10, 2025. This approval follows an announcement in January 2023 of the cash-and-stock deal. The acquisition involves Synopsys acquiring Ansys, a company that develops software used across various industries. The Commission's approval is subject to specific conditions, including certain divestitures agreed upon by the companies. Synopsys issued a statement expressing pleasure with the Phase 1 approval of the transaction.
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