Published by Global Banking & Finance Review®
Posted on December 23, 2024
1 min readLast updated: January 27, 2026
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EU regulators are set to approve Synopsys' $35B acquisition of Ansys after Synopsys agreed to sell two assets to address competition concerns.
BRUSSELS (Reuters) - EU antitrust regulators are set to approve U.S. chip design software company Synopsys' $35 billion acquisition of the chip design software company Ansys based on the former's pledge to sell two assets, people with direct knowledge of the matter said on Monday.
Synopsys this month offered to sell its optical design tool maker Optical Solutions Group to design and emulation company Keysight Technologies and also Ansys PowerArtist to address EU competition concerns, other people have told Reuters.
(Reporting by Foo Yun Chee; Editing by Alison Williams)
The main topic is the EU's anticipated approval of Synopsys' $35 billion acquisition of Ansys, contingent on asset sales.
Synopsys is selling assets to address EU competition concerns related to its acquisition of Ansys.
Keysight Technologies is set to acquire the Optical Solutions Group from Synopsys.
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