Synopsys and Ansys Await Final China's Approval for Acquisition

Synopsys, Inc. and ANSYS, Inc. have announced that their proposed merger is close to completion, with only China's regulatory approval pending. The two companies have already secured all necessary clearances in other jurisdictions and are working closely with China's State Administration for Market Regulation. Synopsys, a leader in silicon design solutions, is aiming to expand its capacity and productivity with this acquisition. Ansys' simulation software plays a critical role in various industries, providing predictive power for innovation. The transaction is subject to final approvals, with potential risks and benefits outlined. Forward-looking statements in their communication anticipate successful completion, yet acknowledge inherent uncertainties and potential conditions that could challenge the merger's fruition.