UK Scrutinizes Synopsys’ $34 Billion Acquisition of Ansys

Reported about 1 month ago

The UK's Competition and Markets Authority has launched a formal investigation into Synopsys' $34 billion acquisition of Ansys, raising concerns about potential competition issues. The deal, aimed at expanding Synopsys' product offerings and customer base, was announced in January 2024. The agency will decide by December 20 whether to pursue an in-depth probe as it intensifies its oversight of mergers in the tech sector.

Source: YAHOO

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