https://techmonitor.ai/technology/silicon/uk-cma-synopsys-35bn-ansys

The UK Competition and Markets Authority (CMA) has launched an inquiry into Synopsys’ previously announced $35bn acquisition of engineering simulation and 3D design software firm Ansys. The British competition watchdog said it is considering whether the deal would create a relevant merger situation under the merger provisions of the Enterprise Act 2002. As such, the CMA will investigate whether the proposed transaction would lead to a significant reduction in competition within any market or markets in the UK for services or goods.

To help with its assessment, the CMA is seeking comments on the proposed acquisition from interested parties. The last date for filing the comments is to be confirmed by the antitrust regulator. The dates for the deadline for the phase 1 decision and launch of the merger inquiry are yet to be confirmed by the anti-trust regulator. In addition, the UK CMA stated that it has not yet launched a formal investigation into the transaction.