Synopsys (SNPS) Receives Approval for Divestiture of Optical and PowerArtist Business

Reported 15 days ago

Synopsys, Inc. (NASDAQ:SNPS) has obtained regulatory approval to proceed with the sale of its Optical Solutions Group and PowerArtist businesses to Keysight Technologies. This divestiture is part of Synopsys's acquisition of Ansys, finalized on July 17, 2025. The company anticipates concluding the sales by October 17, 2025, and notes that these transactions will not materially affect its financials.

Source: YAHOO

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