Get the latest tech news
EU approves $35B Synopsys and Ansys merger, subject to divestment conditions
The European Commission given the greenlight for Synopsys to acquire Ansys in what will be a $35 billion transaction.
The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. The crux of the issue, as far as regulators are concerned, is that such a merger would create a comprehensive chip design and simulation giant that could stifle competitors that don’t offer such a combination. Prior to joining TechCrunch in June 2022, Paul had gained more than a decade’s experience covering consumer and enterprise technologies for The Next Web (now owned by the Financial Times) and VentureBeat.
Or read this on TechCrunch
