
FTC orders Synopsys and Ansys asset divestment before merger approval
Natasha Doris
,
The agency has given the two companies its conditions before it approves the USD 35 billion merger.
The Federal Trade Commission (FTC) has ordered Synopsys and Ansys to divest select assets before it approves their USD 35 billion merger. The agency confirmed its decision on Wednesday (28 May).
Electronic design automation company Synopsys announced its intention to acquire engineering simulation software company Ansys in January last year, with the move intended to “create a leader in si
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Author(s)
Natasha Doris
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Andrew Ferguson Ansys Antitrust Competition Federal Trade Commission Keysight Technologies Mark Meador Melissa Holyoak Synopsys technology
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