Trade war raises alarm for Ansys-Synopsys deal

Stumbling block: The headquarters of Synopsys in Sunnyvale, California. Although the company is based in the United States, 16% of its revenue came from China last year. — Reuters

BEIJING: The escalating tariff fight between the United States and China is casting a shadow over one of the world’s biggest pending deals, and traders are growing fearful that the takeover will get bogged down by Beijing’s antitrust regulators.

Ansys Inc, which agreed to be bought by chip-designer Synopsys Inc for about US$34bil back in January 2024, ranks as the world’s sixth-biggest acquisition of the past two years, according to data compiled by Bloomberg.