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Synopsys buying Ansys in $35 billion deal, creating automation and engineering software giant

Software company Synopsys is buying Ansys in a cash-and-stock deal valued at approximately $35 billion. Ansys shareholders will receive $197 in cash and 0.3450 shares of Synopsys common stock for each Ansys share. Ansys shareholders are expected to own about 16.5% of the combined company. The deal is expected to close by the first half of 2025. It still needs approval from Ansys shareholders.
United States Sassine Ghazi Ajei Gopal Associated Press Advanced Micro Devices Synopsy Silicon
Source: whec.com

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