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Synopsys sells software integrity unit for $2.1 billion to PE group

Reuters reported last week that the group had outbid competitors and was in advanced discussions to purchase the SIG unit, which offers application security testing for software developers. Synopsys CEO Sassine Ghazi said the move sharpened the company's focus on its core chip design business and would help capitalize on the "AI-driven era." Synopsys announced plans in late 2023 to divest its SIG unit. ....

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Global Dealmaking Activity Rebounds In First Quarter Of 2024

Global Dealmaking Activity Rebounds In First Quarter Of 2024 | Global Finance Magazine ....

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ANSYS (NASDAQ:ANSS) Releases Earnings Results, Misses Expectations By $0.54 EPS

ANSYS (NASDAQ:ANSS – Get Free Report) released its earnings results on Wednesday. The software maker reported $1.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.93 by ($0.54), Briefing.com reports. The business had revenue of $466.60 million for the quarter, compared to analysts’ expectations of $549.85 million. ANSYS had a return […] ....

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Summit Financial LLC Invests $202,000 in ANSYS, Inc. (NASDAQ:ANSS)

Summit Financial LLC purchased a new position in ANSYS, Inc. (NASDAQ:ANSS – Free Report) in the fourth quarter, HoldingsChannel reports. The fund purchased 556 shares of the software maker’s stock, valued at approximately $202,000. Several other institutional investors and hedge funds have also bought and sold shares of the stock. CVA Family Office LLC purchased […] ....

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Synopsys nears $2 billion-plus software unit sale to buyout firms, ET Telecom

Synopsys: Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said. ....

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