BRIEF-UK's CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are Resolved-March 2024-www.financetom.com

BRIEF-UK's CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are Resolved

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BRIEF-UK's CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are Resolved

Dec 20, 2024 3:35 AM

Dec 20 (Reuters) - UK's CMA:

* COMPETITION AND MKTS - MERGER UPDATE: SYNOPSYS ( SNPS ) / ANSYS ( ANSS )

* CMA: COULD APPROVE SYNOPSYS / ANSYS MERGER IF COMPETITION

CONCERNS ARE RESOLVED

* UK'S CMA SAYS COULD APPROVE SYNOPSYS / ANSYS MERGER IF

COMPETITION CONCERNS ARE RESOLVED

* UK'S CMA SAYS FOUND SYNOPSYS/ ANSYS DEAL COULD REDUCE

COMPETITION IN SUPPLY OF CERTAIN SEMICONDUCTOR CHIP DESIGN AND

LIGHT SIMULATION PRODUCTS

* CMA: IF SUITABLE PROPOSALS ARE NOT SUBMITTED, CMA WILL

PROGRESS

TO IN-DEPTH PHASE 2 INVESTIGATION OF SYNOPSYS / ANSYS MERGER

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