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Synopsys to buy software firm Ansys in $35 billion deal

January 16, 2024 8:05 AM EST

(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)



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General News, Mergers and Acquisitions, Reuters