09:13 AM EDT, 07/14/2025 (MT Newswires) -- Technology stocks were falling premarket Monday as the Technology Select Sector SPDR Fund (XLK) was 0.3% lower and the SPDR S&P Semiconductor ETF ( XSD ) was down 0.6% recently.

Synopsys' ( SNPS ) proposed $35 billion acquisition of Ansys ( ANSS ) has received conditional approval from China's State Administration for Market Regulation, multiple media outlets reported. Shares of Synopsys ( SNPS ) were up more than 2% and Ansys ( ANSS ) shares were more than 5% higher pre-bell.

Autodesk ( ADSK ) is no longer pursuing an acquisition of of PTC (PTC), Bloomberg reported, citing people familiar with the matter. PTC shares were down more than 5% premarket.

Himax Technologies ( HIMX ) and Rabboni said they have launched bboni Ai, a new AI sensing platform designed to perform real-time AI inference directly on wearable devices without the need for cloud computing. Shares of Himax Technologies ( HIMX ) were up 1% pre-bell.