Reported 11 days ago
ANSYS, Inc. is encountering obstacles in its planned $35 billion merger with Synopsys, Inc. due to a postponement by China's regulatory authorities. The State Administration for Market Regulation had initially set a timeline for approval but halted the process amid heightened US chip export controls. Despite receiving clearance from both US and EU regulators, the merger’s future in China hinges on Synopsys addressing the concerns of Chinese regulators.
Source: YAHOO