Synopsys Enters Definitive Agreement for Ansys Acquisition

Ticker: SNPS · Form: 8-K · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, definitive-agreement, financial-obligation

Related Tickers: SNPS, ANSS

TL;DR

Synopsys inks the deal for Ansys, closing in on a massive acquisition.

AI Summary

On March 17, 2025, Synopsys, Inc. entered into a material definitive agreement related to its acquisition of Ansys, Inc. This agreement establishes a direct financial obligation for Synopsys, Inc. as part of the transaction. The filing also notes other events and includes financial statements and exhibits.

Why It Matters

This filing marks a significant step towards the completion of Synopsys' acquisition of Ansys, a move that could reshape the electronic design automation industry.

Risk Assessment

Risk Level: medium — The acquisition of Ansys is a large, complex transaction that carries integration and regulatory risks.

Key Players & Entities

FAQ

What is the primary purpose of this Form 8-K filing?

The primary purpose is to report Synopsys, Inc.'s entry into a material definitive agreement related to the acquisition of Ansys, Inc., and to disclose a direct financial obligation arising from this agreement.

What is the date of the earliest event reported in this filing?

The date of the earliest event reported is March 17, 2025.

What is the relationship between Synopsys, Inc. and Ansys, Inc. as described in the filing?

Synopsys, Inc. is the registrant, and the filing reports on a material definitive agreement for its acquisition of Ansys, Inc.

What type of financial obligation is created by the agreement mentioned?

The agreement creates a direct financial obligation for Synopsys, Inc. as part of the acquisition transaction.

Where is Synopsys, Inc. headquartered?

Synopsys, Inc. is headquartered at 675 Almanor Ave., Sunnyvale, California 94085.

From the Filing

0001140361-25-009060.txt : 20250317 0001140361-25-009060.hdr.sgml : 20250317 20250317163050 ACCESSION NUMBER: 0001140361-25-009060 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 18 CONFORMED PERIOD OF REPORT: 20250317 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SYNOPSYS INC CENTRAL INDEX KEY: 0000883241 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 561546236 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19807 FILM NUMBER: 25744978 BUSINESS ADDRESS: STREET 1: 675 ALMANOR AVE CITY: SUNNYVALE STATE: CA ZIP: 94085 BUSINESS PHONE: 6505845000 MAIL ADDRESS: STREET 1: 675 ALMANOR AVE CITY: SUNNYVALE STATE: CA ZIP: 94085 8-K 1 ny20044174x9_8k.htm 8-K false 0000883241 NASDAQ 0000883241 2025-03-17 2025-03-17 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K   CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): March 17, 2025 SYNOPSYS, INC (Exact Name of Registrant as Specified in its Charter)   Delaware 000-19807 56-1546236 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number) 675 Almanor Ave . Sunnyvale , California 94085 (Address of Principal Executive Offices) (Zip Code) ( 650 ) 584-5000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Class Trading Symbol(s) Name of each exchange on which registered Common Stock (par value of $0.01 per share) SNPS Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01. Entry Into a Material Definitive Agreement.   On March 17, 2025, Synopsys, Inc. (“ Synopsys ”) issued $1,000,000,000 aggregate principal amount of its 4.550% Senior Notes due 2027 (the “ 2027 Notes ”), $1,000,000,000 aggregate principal amount of its 4.650% Senior Notes due 2028 (the “ 2028 Notes ”), $2,000,000,000 aggregate principal amount of its 4.850% Senior Notes due 2030 (the “ 2030 Notes ”), $1,500,000,000 aggregate principal amount of its 5.000% Senior Notes due 2032 (the “ 2032 Notes ”), $2,400,000,000 aggregate principal amount of its 5.150% Senior Notes due 2035 (the “ 2035 Notes ”) and $2,100

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