Synopsys To Acquire Software Firm Ansys In $35 Bn in Cash and stock Deal – Business Outreach

Synopsys, a chip design software maker, has said that its plans to acquire Ansys in a USD 35 billion cash and stock deal. This acquisition is set to be the largest in the industry since Broadcom s USD 69 billion takeover of VMware in November, underlines the growing trend of major players making substantial bets on transformative acquisitions.
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