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Express News | Sources say that Synopsys's $35 billion acquisition of Ansys will be approved by the European Union.
Synopsys (SNPS.US) Acquisition of Ansys (ANSS.US) Reportedly Approved by EU
According to reports from Reuters, the USA chip design software company Synopsys (SNPS.US) will receive conditional approval from the EU antitrust authorities for the Trade to acquire Ansys (ANSS.US) for 35 billion USD. The report states that to address the EU's competition concerns, Synopsys proposed this month to sell its optical design tools manufacturer, Optical Solutions Group, as well as Ansys PowerArtist.
Market Chatter: Synopsys' $35 Billion Deal to Acquire Ansys Set to Secure EU Antitrust Approval
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Express News | Exclusive-Synopsys Expected to Offer Same Remedies to UK Competition Watchdog as It Offers EU, Sources Say
Express News | Exclusive-Synopsys to Win EU Antitrust Approval for $35 Bln Acquisition of ANSYS Based on Pledge to Sell Two Assets, Sources Say