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EU Grants Conditional Approval to Synopsys' $35 Billion Acquisition of Industrial Software Giant Ansys
2025-01-11
On January 10, the European Commission announced its conditional approval of Synopsys' $35 billion acquisition of Ansys, a leading industrial software company. To address competition concerns, the two firms have agreed to divest specific software assets, encompassing Synopsys' optical and photonics software along with Ansys' PowerArtist software. The European Commission stipulates that the acquisition will only proceed once the buyer of the divested assets secures EU approval through a separate process.
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