Ansys Stockholders Approve Transaction with Synopsys

Core Viewpoint - Ansys, Inc. has received overwhelming approval from its stockholders for the proposed acquisition by Synopsys, Inc., marking a significant step towards completing the transaction valued at approximately $35 billion [1][2][3] Group 1: Transaction Details - Ansys stockholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share owned, based on Synopsys' closing price on December 21, 2023 [1] - Approximately 98.7% of the shares voted at the Special Meeting were in favor of the transaction, representing about 83.8% of the total outstanding shares of Ansys as of April 9, 2024 [2] - The transaction is expected to close in the first half of 2025, pending regulatory approvals and other closing conditions [3] Group 2: Management Commentary - Ajei Gopal, Ansys president and CEO, emphasized that the merger is transformative and will create a leader in silicon-to-systems design solutions, reshaping everyday products and creating new opportunities for stakeholders [3] Group 3: Future Steps - Ansys plans to file the final vote results from the Special Meeting with the U.S. Securities and Exchange Commission within four business days [3]