Close Menu
economyuae.comeconomyuae.com
    What's Hot

    Client Challenge

    August 10, 2025

    Saudi’s group housing laws: What one must follow

    August 10, 2025

    Client Challenge

    August 10, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyuae.comeconomyuae.com
    Subscribe
    • Home
    • MARKET
    • STARTUPS
    • BUSINESS
    • ECONOMY
    • INTERVIEWS
    • MAGAZINE
    economyuae.comeconomyuae.com
    Home » China approves $35bn Synopsys chip software deal after US eases export curbs
    Company 

    China approves $35bn Synopsys chip software deal after US eases export curbs

    Arabian Media staffBy Arabian Media staffJuly 14, 2025No Comments3 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Unlock the Editor’s Digest for free

    Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

    China’s antitrust regulator has conditionally approved a $35bn takeover by US tech company Synopsys of smaller rival Ansys, with its decision coming soon after the Trump administration quietly eased restrictions on exports of chip design software tools.

    Monday’s green light comes after China’s State Administration for Market Regulation (SAMR) paused the approval process in May, the Beijing-based regulator said in a statement, confirming a Financial Times report last month. Its statement revealed a quick turnaround, with SAMR taking just one day to grant the approval after it resumed the process last Friday.

    In late May, Washington introduced restrictions that in effect banned chip design software makers such as Synopsys from selling to China. It then relaxed the policy at the beginning of this month, according to companies involved.

    The U-turns demonstrate how trade negotiations affect policy decisions on a broad range of issues and that a new trade deal between the world’s two superpowers is beginning to take effect. Terms were agreed at the end of last month after talks in Geneva, the culmination of months of negotiations.

    SAMR had been holding up the process largely due to the initial US ban, and the quick approval came after China’s commerce ministry urged the regulator to speed it up, according to one person familiar with the matter.

    The $35bn deal between the two American software groups was announced in January last year and had already been given the go-ahead by authorities in the US and Europe. It was in the final stage of SAMR’s approval process before it was held up, the FT reported earlier.

    Synopsys had been hoping to close the transaction by the end of June, chief executive Sassine Ghazi said on May 28. Headquartered in Silicon Valley, the company provides tools and intellectual property that enable chipmakers such as Nvidia and Intel to design and test their processors.

    Ansys, a Pennsylvania-based company that began by developing structural analysis tools, has engineering simulation software used across industries such as automotive, construction, healthcare and defence.

    SAMR set out a long list of conditions the two companies needed to follow in order to address antitrust concerns, including spinning off businesses that overlapped the most, according to Monday’s statement.

    It said Synopsys had signed off on the conditions on July 11. Non-compliance would mean SAMR could enforce penalties under anti-monopoly laws, it added.

    Synopsys did not immediately respond to a request for comment.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBinance launches Sharia-compliant crypto staking product, eyes Middle East growth
    Next Article Rory McIlroy: How moving from Florida to the U.K. has changed his golf game
    Arabian Media staff
    • Website

    Related Posts

    Client Challenge

    July 17, 2025

    Client Challenge

    July 17, 2025

    Client Challenge

    July 17, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Advertisement

    Economy UAE is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • Markets
    • Stocks
    • Funds
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.