Synopsys, Inc., an American leader in electronic design automation solutions, and Ansys, Inc., a provider of engineering simulation software and services is close to reaching an acquiring deal worth $35 billion, the Wall Street Journal reported Friday.
According to the people familiar with the matter, this "stock-and-cash deal" could be reached by the middle of next week. The sources added that Synopsys is debating the possibility of paying about $400 per share for Ansys.
Earlier, it was reported that the agreement could be finalized in early 2024, noting that this merger is set to become one of the technology sector's largest in recent times.
