Ansys stockholders approve $35bn acquisition by Synopsys

Ansys stockholders approve $35bn acquisition by Synopsys

In a pivotal move set to reshape the technology sector, ANSYS, Inc. (NASDAQ: ANSS) stockholders have overwhelmingly approved its acquisition by Synopsys, Inc. (NASDAQ: SNPS), with a deal enterprise value of approximately $35 billion. This merger was endorsed at a special meeting of shareholders, where about 98.7% of the votes cast supported the transaction. This […]

Synopsys to sell Software Integrity Group to Clearlake Capital and Francisco Partners for up to $2.1bn

Synopsys to sell Software Integrity Group to Clearlake Capital and Francisco Partners for up to $2.1bn

Synopsys, Inc. (NASDAQ: SNPS) has entered into a definitive agreement to sell its Software Integrity Group to global private equity firms Clearlake Capital Group, L.P. (“Clearlake”) and Francisco Partners. The transaction, valued at up to $2.1 billion, includes a contingent payment of up to $475 million in cash, dependent on the buyer’s achievement of a […]

Synopsys to acquire Ansys in $35bn cash and stock deal

Synopsys to acquire Ansys in $35bn cash and stock deal

In a stunning development that is set to reshape the technology landscape, Synopsys, a pioneer in semiconductor electronic design automation (EDA), has reached an agreement to acquire Ansys, known for its comprehensive simulation and analysis portfolio. This deal, representing an enterprise value of about $35 billion, is based on the closing price of Synopsys common […]