Synopsys (SNPS) has offered to offload two units to win the EU's approval for its $35 billion acquisition of Ansys (ANSS), Reuters reported Wednesday, citing people familiar with the matter.
The company is willing to sell its unit Optical Solutions Group, and another from Ansys, namely Ansys PowerArtist, to win the European Commission's nod, the report said.
The European Commission will seek feedback from rivals and customers on Synopsys' proposal until the coming Monday before making a final decision on Jan. 10.
Synopsys and Ansys did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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