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UK watchdog says it may accept remedies in $35 billion Synopsys-Ansys deal
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UK watchdog says it may accept remedies in $35 billion Synopsys-Ansys deal
Jan 8, 2025 3:35 AM

(Reuters) - The UK's competition regulator said on Wednesday that it might accept remedies offered by the parties in chip design software maker Synopsys' ( SNPS ) $35 billion acquisition of Ansys ( ANSS ).

The Competition and Markets Authority said the undertakings offered on Dec. 31 included the divestment of Ansys' ( ANSS ) power consumption analysis product for digital chips and Synopsys' ( SNPS ) sale of its global optics and photonics software business.

(Reporting by Aby Jose Koilparambil in Bengaluru)

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