Synopsys (SNPS) Gets Approval to Divest Optical and PowerArtist Businesses

Core Insights - Synopsys, Inc. has received regulatory approval to proceed with the sale of its Optical Solutions Group and PowerArtist businesses to Keysight Technologies as part of its acquisition of Ansys, completed on July 17, 2025 [1][2]. Group 1: Business Transactions - The divestitures of the Optical Solutions Group and PowerArtist businesses are required by regulatory authorities and are expected to be concluded around October 17, 2025 [1][2]. - These transactions are not material to Synopsys's financials, indicating that they will not significantly impact the company's overall financial performance [2]. Group 2: Company Overview - Synopsys, Inc. specializes in providing tools and services for the design and manufacture of semiconductor chips and electronic systems, focusing on electronic design automation (EDA) tools, silicon intellectual property (IP), simulation and analysis solutions, and design services [3].