Synopsys to buy software firm Ansys in $35 billion deal

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/10/2026

1. HUM
2. SPCX
3. ALHC
4. T
5. PEP
6. SPY
7. CVS
8. UNH
9. AXP
10. ZETA

Go back to Synopsys to buy software firm Ansys in $35 billion deal

Synopsys (SNPS) agrees on $35bn deal to acquire ANSYS (ANSS)

January 16, 2024 8:39 AM EST

ANSYS (NASDAQ: ANSS) shares fell premarket Tuesday after it was announced that the company has to be acquired by Synopsys (NASDAQ: SNPS) for approximately $35 billion in cash and stock.

Under the terms of the agreement, Ansys shareholders will receive $197 in cash and 0.3450 shares of Synopsys for each Ansys share they own, representing an enterprise value of around $35 billion based on the closing price of Synopsys on December 21, 2023.

The implied... More