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$35 Billion Acquisition of Ansys Raises Competition Concerns, UK Regulator Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2492129384","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492129384?lang=en_us&edition=fundamental","pubTime":"2024-12-20 20:20","pubTimestamp":1734697244,"startTime":"0","endTime":"0","summary":"Synopsys' (SNPS) $35 billion acquisition of Ansys (ANSS) could reduce competition in semiconductor chip design and light simulation software, the UK Competition and Markets Authority said Friday.The 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Responds to U.K. Competition and Markets Authority's Phase 1 Announcement Regarding Ansys Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=2492447579","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492447579?lang=en_us&edition=fundamental","pubTime":"2024-12-20 20:00","pubTimestamp":1734696000,"startTime":"0","endTime":"0","summary":"SUNNYVALE, Calif., Dec. 20, 2024 /PRNewswire/ -- Today, Synopsys issued the following statement in response to the U.K. Competition and Markets Authority's  recently published Phase 1 findings regarding Synopsys' proposed acquisition of Ansys:. The CMA's Phase 1 announcement is an expected step in the UK regulatory review process. We have already taken steps to address all concerns raised by the CMA after their Phase 1 investigation. For example, Synopsys previously announced plans to sell its Optical Solutions business to Keysight, subject to the closing of Synopsys' proposed acquisition of Ansys. We will continue our constructive and collaborative engagement with the CMA in relation to our proposed remedies.Customers continue to express their overwhelming support for the transaction. Together, Synopsys and Ansys can help drive innovation across industries by addressing the rapidly increasing customer need for system design solutions that provide a deeper integration of EDA and Simula","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9w9YCJ2ZM8Z3gflG3OAaUQ--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/5c70e4d421d154a2f85bd040b8ae0a54","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9w9YCJ2ZM8Z3gflG3OAaUQ--~B/aD0yMjU7dz00MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/prnewswire.com/5c70e4d421d154a2f85bd040b8ae0a54"],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/synopsys-responds-u-k-competition-120000846.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/synopsys-responds-u-k-competition-120000846.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1923623000.USD","LU0061474960.USD","SG9999004303.SGD","LU2125909593.SGD","BK4023","LU2125909916.SGD","LU2298064838.USD","SNPS","LU2238339852.HKD","LU1861214812.USD","LU1854104046.USD","BK4211","LU1642822529.SGD","LU0082616367.USD","LU1366333091.USD","LU2125909759.SGD","LU0347712357.USD","LU2413666699.HKD","LU2063271972.USD","LU1803068979.SGD","CMA","LU1815336760.USD","LU0719512351.SGD","IE00BD6J9T35.USD","LU2458330169.SGD","LU0889565833.HKD","BK4585","LU2360107168.USD","BK4588","LU1854103824.USD","LU1861215975.USD","LU1989764664.SGD","LU1951200564.SGD","LU2433249047.HKD","LU1721428933.USD","BK4207","SGXZ23171101.USD","LU0957808578.USD","LU1951198990.SGD","LU1821325948.USD","LU1861219969.SGD","IE00BZ199S13.USD","LU0109392836.USD","ANSS","LU0390134368.USD","LU1923622291.USD","LU1939255532.USD","LU1923622614.USD","LU1989764748.USD","LU1861220033.SGD"],"gpt_icon":0},{"id":"2492414352","title":"Synopsys' Bid for Ansys Faces In-Depth Probe in U.K. -- Update","url":"https://stock-news.laohu8.com/highlight/detail?id=2492414352","media":"Dow Jones","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492414352?lang=en_us&edition=fundamental","pubTime":"2024-12-20 19:59","pubTimestamp":1734695940,"startTime":"0","endTime":"0","summary":"The U.K. Competition and Markets Authority said it would launch an in-depth probe into Synopsys' $35 billion acquisition of Ansys, unless the chip-sector companies can offer a deal that eases the regulator's concerns.The CMA said Friday that Synopsys' purchase of Ansys could reduce competition for semiconductor chip design and light simulation products in the U.K.\"Synopsys and Ansys are important suppliers of semiconductor chip design and light simulation software, and we're concerned that this deal could reduce innovation and lead to higher prices for these products in the U.K.,\" Naomi Burgoyne, the CMA's senior director of mergers, said. She said millions of businesses and consumers use products that rely on the companies' software systems in a broad swathe of devices like medical equipment, smart cars or in fast-growing artificial-intelligence services.Sunnyvale, Calif.-based chip design software maker Synopsys agreed to buy Ansys in January with the deal approved by its 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CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are Resolved","url":"https://stock-news.laohu8.com/highlight/detail?id=2492415012","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492415012?lang=en_us&edition=fundamental","pubTime":"2024-12-20 19:11","pubTimestamp":1734693090,"startTime":"0","endTime":"0","summary":"BRIEF-UK's CMA Says Could Approve Synopsys/Ansys Merger If Competition Concerns Are ResolvedDec 20 (Reuters) - UK's CMA:COMPETITION AND MKTS  - MERGER UPDATE: SYNOPSYS / ANSYSCMA: COULD APPROVE 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Stock Outperforms Competitors On Strong Trading Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2492487781","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2492487781?lang=en_us&edition=fundamental","pubTime":"2024-12-20 06:04","pubTimestamp":1734645840,"startTime":"0","endTime":"0","summary":"This article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Ansys Inc.  inched 0.23% higher to $334.48 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average  rising 0.04% to 42,342.24 and the S&P 500 Index  falling 0.09% to 5,867.08.Ansys Inc. closed $29.83 short of its 52-week high , which the company achieved on December 29th.The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Microsoft Corp.  fell 0.08% to $437.03, Oracle Corp.  rose 2.04% to $168.79, and International Business Machines Corp.  rose 1.70% to $223.92.Trading volume  eclipsed its 50-day average volume of 475,952.Data source: Dow Jones Market Data, FactSet. Data compiled December 19, 2024.This content was created by MarketWatch, which is operated by Dow Jones & Co. 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