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SUNNYVALE, Calif. - Synopsys, Inc. (NASDAQ:SNPS) announced today it has received all necessary regulatory approvals to proceed with its acquisition of ANSYS, Inc. (NASDAQ:ANSS), a company currently valued at $32.93 billion and trading near its 52-week high of $380.07, with the transaction expected to close around Thursday, July 17, 2025.
The deal, first announced on January 16, 2024, will combine Synopsys’ silicon design and intellectual property solutions with Ansys’ simulation and analysis portfolio. The companies still need to satisfy remaining customary closing conditions before finalizing the transaction.
The acquisition aims to create what the companies describe as a leader in engineering solutions from silicon to systems, enabling customers to develop AI-powered products more efficiently.
Synopsys, headquartered in Sunnyvale, California, provides electronic design automation, silicon IP, and system verification solutions. Ansys, founded over 50 years ago, specializes in simulation software used across industries including transportation, semiconductors, satellite systems, and medical devices.
The announcement comes after an 18-month regulatory review process for the transaction, which was structured as a stock and cash deal.
This information is based on a press release statement issued by Synopsys.
In other recent news, ANSYS reported its first quarter 2025 financial results, which fell short of analyst expectations. The company posted a revenue of $504.9 million, marking an 8.2% increase year-over-year, but this was below the consensus estimate of $528.28 million. Adjusted earnings per share were $1.64, missing the projected $1.76. Despite these results, ANSYS expressed confidence in achieving double-digit annual contract value growth for the fiscal year 2025. Additionally, ANSYS is in the process of being acquired by Synopsys, with the merger awaiting final approval from China’s State Administration for Market Regulation. Synopsys has received conditional approval for the acquisition, requiring the company to honor existing customer contracts and renewals in China. This acquisition is valued at $35 billion and has been delayed due to geopolitical tensions affecting regulatory processes. Meanwhile, ANSYS shareholders recently elected directors and approved Deloitte & Touche LLP as the company’s auditor for fiscal year 2025.
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