European Commission Clears Synopsys-Ansys $35 Billion Deal with Conditions
The European Commission has given conditional approval for Synopsys, a leader in chip design software, to acquire Ansys, a software powerhouse known for its applications in diverse industries. The $35 billion cash-and-stock deal, initially announced in January last year, has now cleared regulatory hurdles, albeit with specific concessions aimed at addressing competition concerns. Ansys is…
