
Synopsys has received conditional approval from the European Commission (EC) for its planned $35 billion acquisition of simulation software firm Ansys, per Wall Street Journal. The EC’s endorsement comes after both companies agreed to divest specific business units to address competition concerns in key technology markets, including optics, photonics, and power consumption analysis tools.
First announced in January 2024, the merger aims to bring together Synopsys’ expertise in semiconductor design with Ansys’ cutting-edge simulation software. The combined entity is expected to offer more sophisticated solutions for creating complex chips and computing systems. However, despite gaining the EC’s green light, the deal is still subject to regulatory approval in the U.K. and the U.S., particularly from the U.K.’s Competition and Markets Authority (CMA) and the U.S. Federal Trade Commission (FTC). Synopsys is targeting mid-2025 to complete the acquisition, pending final clearances and the completion of agreed divestitures.
Related: UK Provisionally Accepts Remedies in Synopsys-Ansys $35B Merger
To meet the EC’s conditions, Synopsys has committed to selling its Optical Solutions Group to Keysight Technologies, a leading provider of electronic testing equipment and software, according to Wall Street Journal. This business unit focuses on optical design tools that are critical for various technology applications, including augmented reality and autonomous vehicles.
Meanwhile, Ansys has agreed to sell its PowerArtist tool, a software solution focused on power-efficient chip design, to Keysight Technologies as well. These divestitures are key to addressing the EC’s concerns about maintaining healthy competition in markets critical to the tech industry.
Source: The Wall Street Journal
Featured News
Mastercard Wins Dismissal of Antitrust Suit Over Digital Wallet Access
May 8, 2025 by
CPI
J&J Antitrust Trial Heats Up as Innovative Health CEO Testifies on Market Suppression
May 8, 2025 by
CPI
Hikma Agrees to $50 Million Settlement Over Alleged Delay of Generic Xyrem Launch
May 8, 2025 by
CPI
Apple Seeks Emergency Intervention from Appeals Court in Epic Games Legal Clash
May 8, 2025 by
CPI
EU Commission Refers Five Member States to Court Over Digital Services Act Shortcomings
May 7, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mergers in Digital Markets
Apr 21, 2025 by
CPI
Catching a Killer? Six “Genetic Markers” to Assess Nascent Competitor Acquisitions
Apr 21, 2025 by
John Taladay & Christine Ryu-Naya
Digital Decoded: Is There More Scope for Digital Mergers In 2025?
Apr 21, 2025 by
Colin Raftery, Michele Davis, Sarah Jensen & Martin Dickson
AI In the Mix – An Ever-Evolving Approach to Jurisdiction Over Digital Mergers in Europe
Apr 21, 2025 by
Ingrid Vandenborre & Ketevan Zukakishvili
Antitrust Enforcement Errors Due to a Failure to Understand Organizational Capabilities and Dynamic Competition
Apr 21, 2025 by
Magdalena Kuyterink & David J. Teece