"Synopsys Expected to Receive EU Approval for $35 Billion Ansys Acquisition, Reports Reuters"

Investing.com -- According to a report by Reuters on Monday, U.S. chip design software company Synopsys is expected to receive approval from EU antitrust regulators for its acquisition of another chip design software company, Ansys (NASDAQ:ANSS), for $35 billion.
This decision comes in response to Synopsys's commitment to divest two assets to address EU competition concerns.
The report indicates that earlier this month, Synopsys proposed selling its subsidiary, Optical Solutions Group, a manufacturer of optical design tools, to design and emulation firm Keysight Technologies. The report is based on sources familiar with the matter.
Additionally, Synopsys also proposed selling Ansys PowerArtist. The report states that the intention behind these proposed sales is to address potential competition issues that may arise in the European Union due to the acquisition.