From Dow Jones & Company:



Shares of Ansys Inc. surged 18% on Friday amid reports that the company is in talks to be acquired by Synopsys Inc. The potential deal, which would kick off in 2024, is seen as a possible mega-merger despite the Federal Trade Commission’s scrutiny on such transactions. Ansys, valued at $26.3 billion, creates software for aerospace, healthcare, and automotive applications, while Synopsys, with a market value of $85.1 billion, develops software for silicon chip design and testing used in AI technologies. Synopsys’s customers include companies like Nvidia, Intel, and Advanced Micro Devices. The companies have not provided comments on the potential merger. If the deal pushes through, it would provide a new challenge for the FTC and Chair Lina Khan, who have been against large tech mergers and acquisitions. The FTC has previously sued Facebook’s parent company Meta Platforms as well as Microsoft’s purchase of Activision Blizzard.



Original: Synopsys and Ansys in talks to merge: report