BUZZ-Synopsys shares gain on $35-bln deal to acquire Ansys
Reuters · 01/16 15:40
Share
Listen to the news
** Chip design software maker Synopsys' SNPS.O shares up 4.3% at $515.78
** Company to buy Ansys ANSS.O in $35 bln cash-and-stock deal
** Ansys shares down 4.4%
** Deal implies per-share value of $390.19 and represents a premium of about 29% over Ansys' last close on Dec. 21, 2023, the companies said
** Transaction would be the biggest acquisition in the technology sector since chipmaker Broadcom AVGO.O took over software maker VMware last November in a $69 billion deal
(Reporting by Pranav Kashyap in Bengaluru)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending
No content on the Webull website shall be considered a recommendation or solicitation for the purchase or sale of securities, options or other investment products. All information and data on the website is for reference only and no historical data shall be considered as the basis for judging future trends.
Copyright © 2024 Webull. All Rights Reserved