Synopsys to acquire Ansys in $35 billion mega-deal: Report

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Chip design software maker Synopsys announced on Tuesday that it would acquire Ansys in a monumental $35 billion cash-and-stock deal, solidifying its position in the technology sector. This deal, representing the most substantial acquisition in the tech domain since Broadcoms takeover of VMware last November, reflects the strategic moves by companies amid a surge in economic sentiment and regulatory dynamics. The deal, boasting a per-share value of $390.19, signifies a premium of approximately 29 per cent over Ansys last close on December 21, 2023. Ghazi highlighted the complementary nature of Synopsys, focusing on chip design, and Ansys, specialising in software for evaluating larger electronic systems. The deal comes on the heels of Synopsys co-founder Aart de Geus passing the CEO reins to Sassine Ghazi just two weeks ago.

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Electronic Design Automation (EDA) Semiconductor Software Developer Tools

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