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Ansys (ANSS) is likely to get acquired by Synopsys to transform the silicon and systems design solutions market.

Chipmakers Lead, Markets Slip Overall

07:34pm, Tuesday, 16'th Jan 2024
We've just seen a six-day Nasdaq winning streak broken, while the Dow has submitted its worst trading day since December 20th.
Bloomberg News Managing Editor of Technology and Global Cybersecurity Lynn Doan joins Bloomberg Radio to break down the news Synopsys will buy software maker Ansys for $35 Billion -------- Get more on

Synopsys CEO talks $35 billion Ansys deal

05:36pm, Tuesday, 16'th Jan 2024
Sassine Ghazi, Synopsys CEO, joins 'Closing Bell Overtime' to talk its acquisition of Ansys for $35 billion and its regulatory timeline.
Synopsys Inc. (SNPS) stock jumped early Tuesday after the company announced a cash-and-stock acquisition of Ansys Inc. (ANSS) after a seven-year relationship in semiconductor design and simulation bet
U.S. equities started the shortened trading week lower at midday as the yield on the 10-year Treasury note jumped above 4% amid concerns that expectations of Fed rate cuts this year might be overblown

Synopsys Strikes $35 Billion Deal to Buy Ansys

12:50pm, Tuesday, 16'th Jan 2024
The deal was the latest sign of changes in the tech sector, as artificial intelligence booms and sales of some hardware slows.
Synopsys Inc (NASDAQ:SNPS) announced on Tuesday an agreement to acquire engineering and product design software company Ansys in a cash-and-stock transaction valued at approximately $35 billion, as
CNBC's David Faber reports on Synopsys' acquisition of Ansys.
The merger of the design-software companies is expected to close next year.
Synopsys said it would acquire Ansys in a $35 billion cash-and-stock deal, combining two software firms.
Synopsys Inc. SNPS, -0.81% announced Tuesday a deal to buy design-software company Ansys Inc. ANSS, -3.16% in a cash and stock deal valued at $35 billion. The stocks of both companies were halted for
Chip design software maker Synopsys said on Tuesday it would buy Ansys in an about $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis
Design software maker Synopsys has finalized terms to acquire engineering software company Ansys for about $35 billion in cash and stock, two people familiar with the matter said on Tuesday.
Ansys (ANSS) launches Ansys SimAI, which enhances performance prediction across all design phases.
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