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.)