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UK CMA Opens Phase One Probe into Chip-Design Firm Synopsys' $35B Acquisition of Ansys
Oct 25, 2024, 11:02 AM
The UK Competition and Markets Authority (CMA) has opened a phase one investigation into chip-design firm Synopsys' $35 billion acquisition of software developer Ansys. The probe is due to concerns about potential competition issues in the chip design and 3D design software sectors. This follows the Taiwanese regulator's receipt of the merger notification in June, although it has yet to launch an official review. The investigation highlights the increasing scrutiny of major mergers in the technology sector, reflecting broader regulatory trends aimed at maintaining market competition.
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