financetom
Business
financetom
/
Business
/
Market Chatter: Synopsys-Ansys Deal Approval Postponed by China Antitrust Regulator
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Synopsys-Ansys Deal Approval Postponed by China Antitrust Regulator
Jun 13, 2025 3:00 AM

05:36 AM EDT, 06/13/2025 (MT Newswires) -- China's State Administration for Market Regulation has postponed its approval of a proposed merger between Synopsys ( SNPS ) and Ansys ( ANSS ) , the Financial Times reported, citing two people with knowledge of the matter.

The deal had already entered the last stage of the antitrust regulator's approval process and was likely to be completed by the end of June, the unnamed sources told the publication.

The delay comes amid a recent decision by the White House to ban chip design software sales by US companies, including Synopsys ( SNPS ), to China, according to the report.

The deal approval could still come through if Synopsys ( SNPS ) can submit solutions that address the SAMR's concerns, the FT reported, citing a person familiar with the matter.

Another source reportedly said that the extended approval timeline stems from the deal's complexity rather than direct links to the ongoing trade war.

Synopsys ( SNPS ) and Ansys ( ANSS ) did not immediately respond to MT Newswires' requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Paramount Global to Develop 'Top Gun' Experience in Las Vegas With Advent Allen Entertainment
Paramount Global to Develop 'Top Gun' Experience in Las Vegas With Advent Allen Entertainment
May 26, 2025
07:59 AM EDT, 05/23/2025 (MT Newswires) -- Paramount Global ( PARAA ) is collaborating with Advent Allen Entertainment to create an immersive experience based on the Top Gun movie franchise on an undeveloped site at The Strat Hotel on the Las Vegas Strip in Nevada. The project, which has a working title of Top Gun Las Vegas, will combine rides,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
PowerFleet Preliminary Fiscal 2025 Revenue Increases; Fiscal 2026 Outlook Issued
PowerFleet Preliminary Fiscal 2025 Revenue Increases; Fiscal 2026 Outlook Issued
May 26, 2025
07:57 AM EDT, 05/23/2025 (MT Newswires) -- PowerFleet ( AIOT ) reported preliminary fiscal year 2025 revenue Friday of $362.5 million, up 25% from a year earlier. Analysts polled by FactSet expect $362.7 million. For fiscal 2026, the fleet management technology company said it expects total revenue growth of 20% to 25%. Analysts polled by FactSet expect $442.5 million. Shares...
Mullen Group Prices C$400 million Private Placement Notes Offering
Mullen Group Prices C$400 million Private Placement Notes Offering
May 26, 2025
07:15 AM EDT, 05/23/2025 (MT Newswires) -- Mullen Group ( MLLGF ) , one of Canada's largest logistics providers, overnight Thursday said it priced a private placement of approximately C$400 million senior secured notes. The notes, which mature on July 10, 2037, will include aggregate principal amounts of US$50 million with a yield of 6.91% per annum and C$325 million...
Copyright 2023-2026 - www.financetom.com All Rights Reserved