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UPDATE 1-Synopsys finalizes $35 bln deal to buy engineering software vendor Ansys-sources

Design software maker Synopsys has finalized terms to acquire engineering software company Ansys for about $35 billion in cash and stock, two people familiar… ....

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Chip Software Firm Synopsys Agrees to Buy Ansys for $35B

Chip Software Firm Synopsys Agrees to Buy Ansys for $35B
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Synopsys to buy engineering software firm Ansys in $35 billion deal

NEW YORK (Reuters) -Chip design software maker Synopsys said on Tuesday it would buy Ansys in a $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic. The transaction would be the biggest acquisition in the technology sector since chipmaker Broadcom took over software maker VMware last November in a $69 billion deal. It could herald more big deals as a pick up in economic sentiment and some failed attempts by antitrust regulators to thwart deals embolden chief executives to place large acquisition bets. ....

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Synopsys Buys Ansys for $35 Billion in Biggest Tech Deal of Year So Far

The merger of the design-software companies is expected to close next year. ....

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Aviation holds huge potential for the South African defence industry

Aviation holds huge potential for the South African defence industry
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