Synopsys to Acquire Ansys for $35B in Major Chip Design and AI Software Deal
• Synopsys to acquire Ansys in $35B cash-and-stock deal
• Ansys shareholders to receive $197/share in cash and 0.3450 Synopsys shares per Ansys share
• Deal values Ansys shares at $367.57 each, a 6.1% premium over last close
• Combination aims to capitalize on AI, chip design, and computing performance trends
• Expected to close in 1H 2023, generate significant cost and revenue synergies