BRUSSELS, Dec 11 (Reuters) - Chip design software
company Synopsys ( SNPS ) has offered to sell an Ansys ( ANSS )
unit on top of one of its own in a bid to win EU approval for
its $35 billion acquisition of the chip design software company,
three people with direct knowledge of the matter said.
The European Commission, which acts as the European Union's
competition watchdog, is now seeking feedback from rivals and
customers on Synopsys' ( SNPS ) proposal, with a Dec. 16 deadline for
responses, the people said.
Synopsys ( SNPS ) has said it would sell its optical design tool
maker Optical Solutions Group to design and emulation company
Keysight Technologies ( KEYS ), subject to the Ansys ( ANSS ) deal.
It has now also offered to divest Ansys PowerArtist,
including its research, developing, distributing, licensing,
selling and marketing. PowerArtist is a tool used to analyse and
reduce power to enable power-efficient design.
Synopsys ( SNPS ) did not offer any behavioural remedies related to
its business practices, the people said, which would suggest the
EU antitrust enforcer does not have any concerns about
interoperability and product bundling following feedback from
industry players last month.
Ansys' ( ANSS ) software is used in creating products ranging from
airplanes to tennis rackets for players such as Novak Djokovic.
The Commission is scheduled to decide on the deal, the
biggest in the technology sector since Broadcom's ( AVGO ) $69 billion
purchase of software maker VMware a year ago, by Jan. 10.