Synopsys offers remedies to address EU concerns over Ansys deal

Reuters

2024/12/10

BRUSSELS, Dec 10 (Reuters) - Chip design software company Synopsys SNPS.O has offered remedies to address EU antitrust concerns about its $35 billion cash-and-stock acquisition of engineering software maker Ansys ANSS.O, according to a European Commission filing on Tuesday.

The deal, announced in January, is the biggest in the technology sector since chipmaker Broadcom's AVGO.O $69 billion buy of software maker VMware last November.

(Reporting by Foo Yun Chee, Editing by Louise Heavens)

((foo.yunchee@thomsonreuters.com; +32 2 585 2866; Reuters Messaging: foo.yunchee.thomsonreuters.com@reuters.net))

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