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Synopsys (SNPS.US) responds to the initial acceptance of its alternative measures proposed for the acquisition of Ansys by the United Kingdom's CMA in the first phase.
Synopsys and Ansys have partnered to offer system design solutions that feature deeply integrated Electronic Design Automation (EDA) and Simulation Analysis (S&A) Software.
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Synopsys Moves Closer to $35 Billion Ansys Acquisition With CMA Approval
U.S. stocks fluctuate|Synopsys rises over 1.1% as United Kingdom regulators may accept its proposed remedies.
Gelonghui, January 8 | Synopsys (SNPS.US) rose over 1.1%, reaching $493.1; Ansys (ANSS.US) increased by 0.6%, reaching $338. In news, the United Kingdom's competition regulatory agency stated on Wednesday that it may accept the remedies proposed by chip design Software manufacturers Synopsys and Ansys to alleviate concerns over the $35 billion Trade acquisition. The Competition and Markets Authority (CMA) of the United Kingdom stated that the commitments proposed by the two companies include the divestment of Ansys PowerArtist as well as
Is the "Century of EDA Major Acquisition" about to take place? The antitrust authorities in the United Kingdom have accepted the remedial measures of Synopsys (SNPS.US).
The company is pleased that the United Kingdom antitrust institutions have temporarily accepted its proposed "antitrust remedies".
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