Synopsys (SNPS.US) responded to the European Commission's first-stage approval of its proposed acquisition of Ansys.

The State Administration for Market Regulation of China has also officially accepted our case, which is currently under review. In addition, we are cooperating with other relevant Institutions' regulatory bodies to complete their review work.

Zhitong Finance11:20

Synopsys (SNPS.US) has received conditional approval from the EU for the acquisition of Ansys (ANSS.US) Trade.

The European Commission stated on Friday that it conditionally approved the acquisition of software company Ansys (ANSS.US) by chip design software manufacturer Synopsys (SNPS.US), involving a Trade valued at 35 billion USD. To alleviate the competition concerns arising from the Trade, the Commission indicated that both companies have agreed to divest Synopsys's optical and photonics software and Ansys's PowerArtist software.

AASTOCKS03:17

Sector Update: Tech Stocks Retreat Friday Afternoon

MT Newswires02:55

Sector Update: Tech

MT Newswires02:35

EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal

WSJ01:42

Express News | Synopsys Inc. has obtained EU approval for the Trade of acquiring Ansys Inc. for 34 billion USD.

Breakings01:38