NasdaqGS:SNPSSoftware
Synopsys (SNPS) Completes Acquisition Of Ansys, Expands Market Reach To US$31 Billion
Synopsys (SNPS) has recently concluded its acquisition of Ansys, a move designed to fortify its position in silicon design and simulation. The company's stock experienced a notable increase of 43% over the last quarter. This upward trajectory seems supported by several factors: the successful integration of Ansys with its expanded market reach, new collaborations, and positive revenue guidance. Additionally, index inclusion and robust earnings in Q2 further bolstered the price movement...