On March 19, 2024, Synopsys, Inc. and ANSYS, Inc. announced an update to their pending acquisition agreement. Dr. Ajei Gopal, the current President and CEO of ANSYS, is set to join the Synopsys board of directors upon the deal's completion, subject to the standard director nomination process and eligibility requirements. The agreement, initially dated January 15, 2024, also stipulates that a second ANSYS board member will join the Synopsys board, with the identity of this member to be decided later. The addition of Dr. Gopal is expected to bring valuable expertise and facilitate the integration of the two companies post-acquisition. This announcement is part of a series of communications related to the proposed transaction, which includes a preliminary registration statement filed with the SEC on March 14, 2024. Investors and security holders are encouraged to read the registration statement and other relevant documents filed with the SEC, as they contain important information about the merger.

On March 19, 2024, Synopsys, Inc. and ANSYS, Inc. announced an update to their pending acquisition agreement. Dr. Ajei Gopal, the current President and CEO of ANSYS, is set to join the Synopsys board of directors upon the deal's completion, subject to the standard director nomination process and eligibility requirements. The agreement, initially dated January 15, 2024, also stipulates that a second ANSYS board member will join the Synopsys board, with the identity of this member to be decided later. The addition of Dr. Gopal is expected to bring valuable expertise and facilitate the integration of the two companies post-acquisition. This announcement is part of a series of communications related to the proposed transaction, which includes a preliminary registration statement filed with the SEC on March 14, 2024. Investors and security holders are encouraged to read the registration statement and other relevant documents filed with the SEC, as they contain important information about the merger.