Synopsys (SNPS) has expressed satisfaction with the Competition and Markets Authority's (CMA) provisional acceptance of suggested remedies in Phase 1 concerning the proposed acquisition of Ansys (ANSS). Importantly, the transaction will not be moved to a more intensive Phase 2 scrutiny. The firm anticipates finalizing the transaction in the first half of 2025.
"We will uphold a constructive and cooperative dialogue with the CMA as it completes its evaluation process. Our customers remain strongly in favor of this acquisition," Synopsys noted.
