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Synopsys to buy Ansys for $35B in engineering software megadeal

Synopsys to buy Ansys for $35B in engineering software megadeal - SiliconANGLE ....

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US Stocks Drift Lower As Dollar, Treasury Yields Rise, AMD Defies Gravity: What's Driving Markets Tuesday? - Advanced Micro Devices (NASDAQ:AMD)

The U.S. stock market resumed its decline on Tuesday following a one-day closure for Martin Luther King Jr. Day. The major indices were all in the red around midday trading in New York as investors continue to monitor corporate earnings season and prospects for future interest rates. ....

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Why ANSYS (ANSS) Stock Is Down Today

Shares of engineering simulation software provider Ansys (NASDAQ:ANSS) fell 5.4% in the afternoon session after the company announced that it has agreed to be acquired by Synopsys, with Ansys shareholders set to receive $197 in cash and 0.345 shares of Synopsys common stock per Ansys share. This equates to a $390 per share offer price. The resulting enterprise value is approximately $35 billion, making for a large deal in semis. ....

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Ansys to be acquired in giant $35B deal

The Pittsburgh-area software simulation company will be absorbed by Synopsys. ....

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Synopsys buying Ansys

Canonsburg, Pennsylvania-based Ansys is heavily involved in automotive, aerospace and defense, construction, energy, materials and chemical processing. ....

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