Synopsys, Inc. (NASDAQ: SNPS) has received all necessary approvals to proceed with its acquisition of Ansys, Inc. (NASDAQ: ANSS), and the transaction is expected to close on or about Thursday, July 17, 2025. The acquisition, announced on January 16, 2024, is set to bring together Synopsys' silicon design and IP solutions with Ansys' simulation and analysis portfolio.
Synopsys, known for its comprehensive silicon to systems design solutions, partners closely with semiconductor and systems customers across various industries to maximize their R&D capability and productivity. Ansys, on the other hand, has been enabling innovators across industries for more than 50 years, leveraging the predictive power of simulation to push boundaries and drive human advancement.
The combination of these two companies is anticipated to create the leader in engineering solutions from silicon to systems, allowing customers to rapidly innovate AI-powered products.
The press release did not include specific financial metrics or performance indicators to show the changes since the last period. Following these announcements, the company's shares moved -2.01%, and are now trading at a price of $548.06. If you want to know more, read the company's complete 8-K report here.
