EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips, and evaluate their real-world performance. The $35 billion transaction, involving two publicly-traded companies, is the bigg ...