In the closing of the recent trading day, Synopsys (SNPS) stood at $528.64, denoting a +1.5% change from the preceding trading day.

The UK Competition and Markets Authority (CMA) has announced its intention to review the proposed $35 billion acquisition of Ansys by Synopsys.  This review comes amid growing concerns about market consolidation and competition within the global chip design software sector, a critical area for technological innovation and advancement.

Chip design software maker Synopsys Inc's (NASDAQ:SNPS, ETR:SYP) US$35 billion acquisition of Ansys is facing a potential UK regulatory probe into whether it would affect competition in Britain. No formal investigation has been launched rather this is just a preliminary inquiry, said the Competition and Markets Authority (CMA).

The U.K. antitrust regulator has confirmed that it's carrying out an early-stage inquiry into Synopsys‘s plans to buy Ansys.

UK's competition watchdog said on Monday it was looking into whether chip design software maker Synopsys' $35 billion acquisition of Ansys would affect competition in Britain.

In the latest trading session, Synopsys (SNPS) closed at $489.97, marking a -1.89% move from the previous day.

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Synopsys (SNPS) reachead $546.38 at the closing of the latest trading day, reflecting a +1.42% change compared to its last close.

Synopsys (SNPS) closed at $588.33 in the latest trading session, marking a +0.11% move from the prior day.