#Latest news with #ChipDesignBloomberg3 days agoBusinessBloombergSynopsys Gets Conditional FTC Green Light on $34 Billion DealChip-design company Synopsys Inc. won approval from the Federal Trade Commission for its planned $34 billion buyout of software developer Ansys Inc. after agreeing to sell assets. According to the FTC, Synopsys will sell optical and photonic software tools to Keysight Technologies Inc., an electronics testing and measurement company. Ansys will also sell a power consumption analysis product to Keysight.
Bloomberg3 days agoBusinessBloombergSynopsys Gets Conditional FTC Green Light on $34 Billion DealChip-design company Synopsys Inc. won approval from the Federal Trade Commission for its planned $34 billion buyout of software developer Ansys Inc. after agreeing to sell assets. According to the FTC, Synopsys will sell optical and photonic software tools to Keysight Technologies Inc., an electronics testing and measurement company. Ansys will also sell a power consumption analysis product to Keysight.