ANSYS Inc

NASDAQ:ANSSUnited States

May 22, 2024

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• Ansys Says Shareholders Approve Acquisition by Synopsys, from 4:59PM ET on Wednesday May 22, 2024 by MT Newswires

  4:59PM ET on Wednesday May 22, 2024 by MT Newswires
  Companies Mentioned: SNPS, ANSS
  04:59 PM EDT, 05/22/2024 (MT Newswires) -- Ansys (ANSS) said late Wednesday that its shareholders have approved the acquisition of the firm by Synopsys (SNPS) at a special meeting, with about 98.7% of the shares voting in favor of the deal. Under th...

• DJ Synopsys 2Q Revenue Rises as Ansys Shareholders Approve Deal, from 4:47PM ET on Wednesday May 22, 2024 by Dow Jones

  4:47PM ET on Wednesday May 22, 2024 by Dow Jones
  Companies Mentioned: SNPS, ANSS
  
  By Ben Glickman
  
  Synopsys said its revenue rose in the fiscal second quarter as the company looks to close its blockbuster deal for Ansys.
  
  The chip-design software company Wednesday reported a profit of $292.1 million, or $1.88 a share, in the quarter ended April 30, compared with a profit of $272.9 million, or $1.76 a share, a year earlier. Analysts polled by FactSet expected a per-share profit of $2.02.
  

• Ansys Stockholders Approve Transaction with Synopsys, from 4:05PM ET on Wednesday May 22, 2024 by PR Newswire

  4:05PM ET on Wednesday May 22, 2024 by PR Newswire
  Companies Mentioned: ANSS

  Represents Key Milestone Toward Completion of Transaction with Synopsys

  ANSYS, Inc. (NASDAQ: ANSS) announced that at the special meeting of stockholders (the "Special Meeting") held earlier today, its stockholders voted to approve the proposed acquisition of Ansys by Synopsys, Inc. (NASDAQ: SNPS). Under the terms of the merger agreement, Ansys stockholders will receive $197.00 in cash and 0.3450 shares of Synopsys common stock for each Ansys share they own, representing an enterprise value of approximately $35 billion based on the closing price of Synopsys common stock on December 21, 2023.