Synopsys to buy software firm Ansys in $35 billion deal

-0.51%

Delist

-1.09%

-5.09%

Dow Jones Industrial Average DJI	48458.05	-0.51%
ANSYS, Inc. ANSS	374.30	Delist
Valens Company Inc (The) Ordinary Shares VLNS	0.76	Delist
Autodesk, Inc. ADSK	297.64	-1.09%
Synopsys, Inc. SNPS	452.95	-5.09%

Jan 16 (Reuters) - Chip design software maker Synopsys SNPS.O said on Tuesday it would buy Ansys ANSS.O 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)

((Jaspreet.Singh@thomsonreuters.com; https://twitter.com/i_jass;))

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.