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Market Chatter: Synopsys Offers to Offload Two Units to Win EU Approval for Ansys Deal
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Synopsys has proposed remedies to alleviate the EU's concerns regarding the Ansys Trade.
Gelonghui, December 10 | According to a document submitted by the European Commission on Tuesday, chip design Software company Synopsys has proposed remedies to address the European Union's concerns regarding its $35 billion Cash and Stocks acquisition of software manufacturer Ansys. This Trade was announced in January and is the largest in the Technology Industry since chipmaker Broadcom acquired software manufacturer VMware for $69 billion in November 2023. The EU competition enforcement agency has not disclosed details of the proposed remedies according to its policy and has set a deadline of January 10 for its decision.
Express News | Synopsys Offers Remedies to Address EU Antitrust Concerns About ANSYS Deal, EU Commission Filing Shows
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