Synopsys’ $34 Billion Ansys Deal Gets UK Antitrust Scrutiny

UK watchdog set Dec 20. date to decide on a deeper probe
Synopsys remains confident deal will close early next year

Synopsys headquarters in Mountain View, California.
Photographer: David Paul Morris/Bloomberg

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By Katharine Gemmell

October 25, 2024 at 10:51 AM UTC

Updated on

October 25, 2024 at 12:37 PM UTC

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Synopsys Inc.’s $34 billion takeover of software developer Ansys Inc. will be investigated by the UK’s antitrust watchdog amid potential competition concerns over the all-American deal.

The Competition and Markets Authority said Friday it had opened a formal “phase one” merger probe into the acquisition and set a Dec 20. date to decide whether to escalate it to an in-depth probe.