SNPS, ANSS

, ANSS

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Date: --/--/-- --:--:--
Event Id: E559W3WAM
Action Type: ACQUISITION
Action Status: ANNOUNCED
Acquirer Symbol:
Target Symbol: ANSS
Updated: --/--/-- --:--:--
Purchase Price Per Share: 197
Price Per Share Currency: USD
News References: https://www.prnewswire.com/news-releases/synopsys-receives-all-necessary-approvals-for-proposed-acquisition-of-ansys-302504141.html

Action Notes

Synopsys and Ansys today announced that they have entered into a definitive agreement under which Synopsys will acquire Ansys. Under the terms of the agreement, Ansys shareholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share, The transaction is anticipated to close in the first half of 2025, subject to approval by Ansys shareholders, the receipt of required regulatory approvals and other customary closing conditions. The ANSYS special shareholder meeting to vote on the transaction will be held on 5/22. Ansys shareholders approved the transaction on 05/22.We have already received merger clearance in every jurisdiction other than China based on the merits of our transaction and the significant benefits it is expected to bring to all our stakeholders and the future of technology innovation. We continue to work collaboratively with the State Administration for Market Regulation of China, and we are at an advanced stage in obtaining this final regulatory approval.Synopsys, Inc. (Nasdaq: SNPS) today announced that it has received approval from all necessary authorities to proceed with the acquisition of ANSYS, Inc. (Nasdaq: ANSS). The parties expect to close the transaction on or about Thursday, July 17, 2025, subject to the satisfaction or waiver of the remaining customary closing conditions.