FTC Requires Synopsys And Ansys To Divest Assets In $35-B Merger Deal

The U.S. Federal Trade Commission announced Wednesday it will require software firms Synopsys and Ansys to divest certain assets to resolve antitrust issues tied to their $35-billion merger, Jasper Ward reported for Reuters.

Synopsys develops semiconductor design software, while Ansys specializes in simulation tools used in product testing. I Photo: Synopsys

The FTC said the move preserves competition in key markets for semiconductor and light simulation design tools and helps protect consumers from higher prices in sectors like automotive and electronics.

Synopsys develops semiconductor design software, while Ansys specializes in simulation tools used in product testing.

Synopsys CEO Sassine Ghazi said the merger has cleared regulators in every jurisdiction except China and that negotiations are ongoing to secure approval there.