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InsideArbitrage Potential Deal Alert: Software Firm Ansys (ANSS) Explores Sale

  • December 21, 2023

POTENTIAL DEAL DETAILS

Stock Ansys Inc. Symbol ANSS
Date Announced 12/22/2023 Source Bloomberg
Type News Report
Date of Confirmation: 01/16/2024 Price at Confirmation: $346.48
Potential Profit: -3.21% Annualized Profit: -46.90%

According to Bloomberg, Ansys Inc., (ANSS) an engineering software provider, is weighing options, including a sale, after getting takeover interest.

Update(s):

December 22, 2023: According to WSJ, Synopsys (SNPS) is in talks to acquire Ansys (ANSS) in a move that would create a new design-software giant. An acquisition of Ansys, which has a market value of nearly $30 billion, could be struck early in 2024.

January 5, 2024: According to WSJ, Synopsys is in advanced talks to acquire Ansys for around $35 billion in a stock-and-cash deal.

Ansys Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.