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Home > Finance > Synopsys offers remedies to address EU concerns over Ansys deal

Finance

Synopsys offers remedies to address EU concerns over Ansys deal

Published by Global Banking and Finance Review

Posted on December 10, 2024

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BRUSSELS (Reuters) - Chip design software company Synopsys has offered remedies to address EU antitrust concerns about its $35 billion cash-and-stock acquisition of engineering software maker Ansys, according to a European Commission filing on Tuesday.

The deal, announced in January, is the biggest in the technology sector since chipmaker Broadcom's $69 billion buy of software maker VMware last November.

(Reporting by Foo Yun Chee, Editing by Louise Heavens)

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