U.S. chip design software company Synopsys announced a $35 billion cash and stock acquisition of engineering software company Ansys, which will be the largest merger in the technology sector since it bought VMware's Broadcom Broadcom for $69 billion last November.。Synopsys CEO Sassine Ghazi said that to meet the innovative needs of chip companies, integrated solutions will be provided。

It is reported that the transaction price of 390 per share.$19, a premium of approximately 29%, is expected to have a positive impact on Synopsys' adjusted earnings in the second year after completion.。Synopsys shares rise 3 after merger.8% to $513, while Ansys shares fell 4.8% to 329.86 USD。However, the move is likely to trigger regulatory scrutiny and the Synopsys and Ansys boards have hired independent consultants to assess the risks.。

The merger, involving Synopsys' semiconductor electronic design automation (EDA) tools and Ansys' simulation and analysis software, will create a huge new role in the highly integrated business software industry.。Synopsys provides wafer design tools, while Ansys provides software for evaluating large electronic systems.。

Synopsys partnered with Ansys in 2017 to provide solutions to analyze wafer quality standards and improve overall design process efficiency。The deal, completed just two weeks after Synopsys co-founder and executive chairman Aart de Geus handed over the role of chief executive to Ghazi, highlights the appeal of the Ansys software business.。

However, the merger may face regulatory scrutiny in markets such as China, and Ghazi said it is expected to be completed in the first half of 2025, with 24 months left to deal with potential regulatory challenges.。Synopsys will pay Ansys a termination fee of $1.5 billion if the transaction is cancelled under certain circumstances and will pay Synopsys 9 if Ansys terminates the transaction to accept a more favorable offer..500 million dollars。

The merger heralds the possibility of more big deals in the tech sector, and CEOs may be more willing to make large-scale acquisitions, boosted by economic sentiment and antitrust regulation。