By Sabela OjeaShares of Ansys climbed amid reports that Synopsys is in talks to acquire the company in a move that would create a new design-software giant. The Wall Street Journal reported that Ansys and Snyopsys are in talks. The stock initially rose after Bloomberg reported late Thursday that the company is weighing options, including a possible sale, after receiving takeover interest. A deal to acquire Ansys, a Canonsburg, Penn.-based maker of software that helps predict how products will work in the real world may be struck early in 2024, according to people familiar with the matter. Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix(END) Dow Jones NewswiresDecember 22, 2023 16:09 ET (21:09 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal December 22, 2023 21:16 UTC