Bloomberg: Synopsys to Buy Software Maker Ansys for $34 Billion

“Given a long timeline, and geopolitical risk wrapped into antitrust risk, we aren’t overly surprised to see Ansys trade off,” said Tyler Tebbs, managing director at the advisory firm MKP Advisors. Tebbs also noted “the marginal premium” that is being offered compared with the stock’s previous close.

Published by and image courtesy of Bloomberg.