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Synopsys to acquire graphics software maker Ansys in $35 billion tech deal
Synopsys said it would acquire Ansys in a $35 billion cash-and-stock deal, combining two software firms.
Synopsys shares were up 3% on Tuesday morning, after a 12% slump since The Wall Street Journal reported in December that the two companies were in advanced talks. "This is the logical next step for our successful, seven-year partnership with Ansys and I look forward to working closely with Ajei and the talented Ansys team to realize the benefits of this combination for our customers, shareholders and employees," Ghazi said in a release. Synopsys said it would acquire Ansys in a $35 billion cash-and-stock deal, combining two software firms.
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