China's market regulator has conditionally approved Synopsys' acquisition of Ansys, removing the last major regulatory hurdle for the $35 billion deal, which is expected to close soon and strengthen Synopsys' position in the electronic design automation industry.
The US has lifted restrictions on exports of chip design software and ethane to China, signaling a de-escalation in trade tensions and concessions from Beijing regarding rare earth exports, with major companies like Synopsys, Cadence, and Siemens restoring access for Chinese customers.
The US has lifted export license requirements for chip design software sales to China as part of a broader trade deal, easing restrictions imposed earlier this year, and allowing major companies like Synopsys, Cadence, and Siemens to resume services in China.
The Trump administration has ordered US companies that provide software for designing semiconductors to cease sales to Chinese entities, aiming to hinder China's development of advanced chips, especially in AI, by restricting access to critical EDA software used in chip design. This move follows previous restrictions on AI chip exports and marks a significant effort to maintain technological superiority.