Synopsys Proposes Divesting Units, Including Ansys PowerArtist, For $35 Billion EU Deal Approval
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Synopsys Inc. plans to divest its Ansys unit and Optical Solutions Group to secure EU approval for a billion acquisition of Ansys. Feedback from rivals and customers is due by December 16. The deal is expected to close in the first half of 2025. Synopsys has not proposed behavioral remedies for its business practices, and the UK’s antitrust watchdog has launched an inquiry into the acquisition. Recent scrutiny of mergers by Big Tech has intensified, with the EU reviewing Nvidia's AI deal and the FTC examining investments by major tech firms.
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Source: Benzinga The copyright of this article belongs to the original author/organization.
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