SNPS Stockholder Alert: Robbins LLP Informs Investors of a New Class Action Filing Against Synopsys, Inc.
SynopsysSynopsys(US:SNPS) Prnewswire·2025-11-26 21:25

Core Viewpoint - A class action lawsuit has been filed against Synopsys, Inc. for allegedly misleading investors regarding the performance of its IP business, particularly in the context of its acquisition of Ansys, Inc. for approximately $35 billion [1][2][3]. Group 1: Acquisition Details - Synopsys announced the acquisition of Ansys on January 16, 2024, with a total consideration of about $35 billion, where Ansys shareholders would receive $197.00 in cash and 0.345 shares of Synopsys common stock for each share of Ansys [2]. - The CEO of Synopsys emphasized the merger's potential to enhance technology R&D capabilities across various industries [2]. Group 2: Allegations and Financial Performance - The lawsuit alleges that Synopsys failed to disclose critical information regarding its focus on AI customers, which was negatively impacting the economics of its Design IP business [3]. - It is claimed that the company's strategic choices were unlikely to meet their intended outcomes, adversely affecting financial performance [3]. - Following the release of disappointing third-quarter results on September 9, 2025, which indicated that the IP business underperformed expectations, Synopsys's stock price dropped by $216.59, or 35.8%, closing at $387.78 per share on September 10, 2025 [4].