Will the Buyout of Ansys' PowerArtist Business Aid KEYS Stock?
Keysight Technologies(KEYS) ZACKS·2025-01-07 17:31
Keysight Technologies, Inc. (KEYS) recently announced that it has entered into a definitive agreement with Ansys, Inc. (ANSS) to acquire the latter’s PowerArtist business. This deal aligns with Keysight's ongoing strategy to expand its portfolio in the high-performance system design and simulation software sector. The transaction, subject to customary closing conditions, regulatory approvals and the successful completion of Synopsys, Inc.’s (SNPS) acquisition of Ansys, is expected to close in the first ha ...