Ansys, Inc. has announced a definitive agreement to combine with Synopsys, Inc. in a transaction valued at approximately $35 billion. The merger, expected to close in the first half of 2025, is set to create a leader in silicon to systems design solutions. The deal offers Ansys shareholders a 29% premium over the closing stock price on December 21, 2023, and a 35% premium over the 60-day volume-weighted average price. Ansys also reported preliminary results indicating that the company's fourth quarter Annual Contract Value (ACV) is expected to exceed the high end of the guidance provided in November 2023, resulting in an ACV of approximately $2.3 billion for FY 2023, a growth of about 13%. These results are preliminary and unaudited, subject to change upon completion of the financial statements. The announcement was made via an email from Kelsey DeBriyn, Vice President of Investor Relations at Ansys, and was accompanied by a press release and an invitation to a joint conference call with Synopsys to discuss the transaction.

Ansys, Inc. has announced a definitive agreement to combine with Synopsys, Inc. in a transaction valued at approximately $35 billion. The merger, expected to close in the first half of 2025, is set to create a leader in silicon to systems design solutions. The deal offers Ansys shareholders a 29% premium over the closing stock price on December 21, 2023, and a 35% premium over the 60-day volume-weighted average price. Ansys also reported preliminary results indicating that the company's fourth quarter Annual Contract Value (ACV) is expected to exceed the high end of the guidance provided in November 2023, resulting in an ACV of approximately $2.3 billion for FY 2023, a growth of about 13%. These results are preliminary and unaudited, subject to change upon completion of the financial statements. The announcement was made via an email from Kelsey DeBriyn, Vice President of Investor Relations at Ansys, and was accompanied by a press release and an invitation to a joint conference call with Synopsys to discuss the transaction.