09:52 AM EST, 01/08/2025 (MT Newswires) -- (Updates with Synopsys ( SNPS ) response in the fourth and fifth paragraphs.)

Ansys ( ANSS ) and Synopsys ( SNPS ) undertakings for the latter's proposed $35 billion takeover of Ansys ( ANSS ) may be accepted by the UK's Competition and Markets Authority under the Enterprise Act 2002, the regulator said Wednesday.

The undertakings involved divestment of certain operations, the regulator said.

In December 2024, the CMA said the proposed acquisition could reduce competition in the semiconductor chip design and light simulation software sector in the UK.

A Synopsys ( SNPS ) spokesperson told MT Newswires the company is "pleased" that the CMA took the "important" step and that it will maintain a "constructive and collaborative" dialogue with the regulator as it completes the process.

"We continue to expect the transaction to close in the first half of 2025," the spokesperson added.

Ansys ( ANSS ) did not respond to MT Newswires' request for comment.

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