China regulator says Synopsys must notify Ansys deal despite below threshold; closing H1 2025

SYNOPSYS INC

On May 14, 2024, Synopsys received notice from China's SAMR that the Ansys acquisition is below Chinese merger notification thresholds but Synopsys is required to notify the transaction.
Synopsys and Ansys are coordinating on next steps regarding the Chinese regulatory requirement.
The transaction is still expected to close in the first half of 2025, subject to Ansys shareholder approval and other regulatory approvals and closing conditions.

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