Synopsys to buy software firm Ansys in $35 billion deal
(Reuters) - Chip design software maker Synopsys said on Tuesday it would buy Ansys in an about $35 billion cash-and-stock deal, snapping up the maker of software used in creating products from airplanes to tennis rackets of players like Novak Djokovic.
(Reporting by Jaspreet Singh and Chavi Mehta in Bengaluru; Editing by Shilpi Majumdar and Sriraj Kalluvila)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oracle licensing practices on EU antitrust regulator's radar, source says
- UBS downgrades Standard Life to neutral as share gains price in capital returns
- Amazon's Zoox, Alphabet's Waymo expand robotaxi services to more US cities
Create E-mail Alert Related Categories
General News, Mergers and Acquisitions, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share