Synopsys is buying Ansys in a cash-and-stock deal valued at approximately $35 billion, the first big buyout attempt of the year that would join two big automation and engineering software companies.
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Synopsys (SNPS) to Acquire Ansys (ANSS) for $35 Billion in Cash and Stock streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Software company Synopsys is buying Ansys in a cash-and-stock deal valued at approximately $35 billion. Ansys shareholders will receive $197 in cash and 0.3450 shares of Synopsys common stock for each Ansys share. Ansys shareholders are expected to own about 16.5% of the combined company. The deal is expected to close by the first half of 2025. It still needs approval from Ansys shareholders.