Synopsys Announces $35 Billion Acquisition of Ansys in Strategic Software Expansion

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Source: Reuters
Synopsys Announces $35 Billion Acquisition of Ansys in Strategic Software Expansion
Photo: Reuters
TL;DR Summary

Synopsys has announced its acquisition of Ansys in a $35 billion cash-and-stock deal, marking the largest technology sector acquisition since Broadcom's takeover of VMware. The deal represents a 29% premium over Ansys' last close and is expected to bring together Synopsys' semiconductor electronic design automation tools with Ansys' simulation and analysis portfolio. The transaction is anticipated to close in the first half of 2025 and is likely to lead to more significant acquisitions in the technology sector.

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