"Synopsys Announces $35 Billion Acquisition of Ansys in Major Tech Deal"

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Source: Financial Times
TL;DR Summary

Synopsys has announced its plans to acquire Ansys in a $35 billion deal, aiming to expand its footprint in the lucrative market for simulation and modeling software used in designing semiconductors and electronic systems. The acquisition is expected to create a powerhouse in the electronic design automation industry, combining Synopsys' expertise in chip design with Ansys' strength in simulation technology.

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