Category: Synopsys
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Synopsys shares fall after sales outlook misses estimates
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Written by Stephen Nellis and Zaheer Kashwala (Reuters) – Chip design software maker Synopsys on Wednesday forecast fiscal 2025 revenue to be below Wall Street expectations, partly due to lower China sales as the United States tightens controls on chip technology that can be sold to the country. Shares of…
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Synopsys’ $35 billion Ansys deal under UK regulator scrutiny By Reuters
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The UK’s competition watchdog said on Monday it was examining whether Synopsys (NASDAQ: )’s $35 billion takeover of ANSYS (NASDAQ: ) chip design software maker would affect competition in Britain. The Competition and Markets Authority has not yet launched a formal investigation into the deal. Context In January, Synopsys, a…