Synopsys Gets Conditional FTC Green Light on $34 Billion Deal

Chip-design company Synopsys Inc. won approval from the Federal Trade Commission for its planned $34 billion buyout of software developer Ansys Inc. after agreeing to sell assets.

According to the FTC, Synopsys will sell optical and photonic software tools to Keysight Technologies Inc., an electronics testing and measurement company. Ansys will also sell a power consumption analysis product to Keysight.

The deal, first announced in early 2024, has been under antitrust scrutiny around the world and still needs regulatory approval in China. The companies previously agreed to a similar settlement with the European Commission in January. In September, Synopsys ...