US FTC Mandates Asset Divestment for Synopsys and Ansys Merger

Reported 2 days ago

The U.S. Federal Trade Commission has ordered software companies Synopsys and Ansys to divest specific assets to address antitrust concerns related to their $35 billion merger. This move aims to maintain competition in critical software markets for semiconductor design and protect consumers from potential price increases in various products. Synopsys has obtained regulatory approvals except in China and is working to finalize this clearance.

Source: YAHOO

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