12:37 PM EDT, 07/14/2025 (MT Newswires) -- Ansys ( ANSS ) shares rose by more than 3% in midday Monday trading after Synopsis (SNPS) said has received all necessary regulatory approvals to proceed with its acquisition of the company.

The deal is expected to close on or about Thursday, pending final customary closing conditions, the company said.

Synopsys ( SNPS ) announced on Jan. 16, 2024 that it had agreed to acquire the maker of simulation software in a cash and stock deal worth $35 billion.

Synopsys ( SNPS ) and Ansys ( ANSS ) must meet several conditions set by Chinese regulators, including honoring current contracts and offering electronic design automation tools to Chinese clients on fair, non-discriminatory terms, China's State Administration for Market Regulation said.

They are also required to maintain and renew interoperability agreements with Chinese customers as part of the approval terms, the regulator said.

Price: 386.14, Change: +11.62, Percent Change: +3.10