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The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must divest some half-a-dozen products as part of the proposed remedies.
The commission said that the companies' offer to sell two business units to a rival fully addresses its concerns.
The European Commission on Friday said it had approved under conditions the takeover by chip design software maker Synopsys of software company Ansys , a $35 billion cash-and-stock deal announced in January last year.
The UK's competition regulator said on Wednesday that it might accept remedies offered by the parties in chip design software maker Synopsys' $35 billion acquisition of Ansys.
ANSYS and Synopsys sign a deal to sell Ansys' PowerArtist business to Keysight to gain regulatory approval.
ANSS joins Cognata and Microsoft to enable web-based testing and validation of ADAS/AV sensors in a virtual environment.
Ansys is collaborating with Cognata and Microsoft on a web-based platform enabling users to test and validate ADAS/AV automotive sensors in a virtual environment that mimics real-world conditions / Key Highlights Ansys AVxcelerate Sensors™ simulation software will bolster the Automated Driving Perception Hub (ADPH) platform, managed by Cognata and running on Microsoft Azure, with high-fidelity radar and electromagnetic (EM) wave propagation simulation capabilities The platform is powered by AMD EPYC™ central processing units (CPUs) and Radeon™ PRO graphics processing units (GPUs) for machine learning inference and visualization workload ADPH hosts a library of manufacturer-certified virtual sensor models, including thermal camera, radar, and LiDAR systems PITTSBURGH , Jan. 2, 2025 /PRNewswire/ -- Ansys (NASDAQ: ANSS) today announced AVxcelerate Sensors is accessible through Cognata's Automated Driving Perception Hub. The ADPH platform runs on Microsoft Azure and 4th Generati
Faraday Technology to utilize ANSS' cutting-edge simulation tools to develop advanced designs for 2.5D/3D-ICs.
Strategic relationship signals long-term commitment to weave digital thread with Ansys technology / Key Highlights A multi-year agreement between Liebherr Group and Ansys seeks to maximize simulation value through software democratization across sites to drive better product design strategies, reduce overall testing, and speed up time-to-market Liebherr-Aerospace's digital transformation strategy is supported by an Ansys-driven, model-based enterprise approach and CADFEM Services PITTSBURGH, Pa. , Sept. 26, 2024 /PRNewswire/ -- Ansys (NASDAQ:ANSS) joins Liebherr in the implementation of the European manufacturer's simulation strategy and model-based enterprise approach.
Tech stocks like APH, ANSS, ANET, FTNT and IBM are poised to benefit from the ongoing tech rally.