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Ansys (ANSS) to Get Acquired by Synopsys for $35 Billion
ANSSANSYS(ANSS) Zacks Investment Research·2024-01-17 14:46

Ansys (ANSS) and Synopsys (SNPS) have officially announced their entry into a definitive agreement, paving the way for Synopsys to acquire Ansys. The terms of the agreement outline that Ansys shareholders will receive 197incashalongwith0.3450sharesofSynopsyscommonstockforeachAnsysshare.Thisdeal,valuedatapproximately197 in cash along with 0.3450 shares of Synopsys common stock for each Ansys share.This deal, valued at approximately 35 billion, reflects an implied per-share consideration of $390.19 and represents a premium of about 29% over Ansys' closing stock price on Dec 21, 2023. Ansys shareholders a ...