SUNNYVALE, Calif., Oct. 10, 2025 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has received approval from all necessary authorities to proceed with the planned, previously-announced divestitures of the Optical Solutions Group and PowerArtist businesses to Keysight Technologies, Inc.

These divestitures were determined by regulatory authorities to be a necessary step related to Synopsys' acquisition of Ansys, which successfully closed on July 17, 2025. Synopsys expects to complete these divestitures on or about October 17, 2025.

The transactions are not material to Synopsys' financials, and terms of the agreements were not disclosed. Synopsys remains committed to a seamless transition for its employees, customers and partners.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products. We deliver industry-leading silicon design, IP, simulation and analysis solutions, and design services. We partner closely with our customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com.

(c) 2025 Synopsys, Inc. All rights reserved. Synopsys, Ansys, the Synopsys and Ansys logos, and other Synopsys trademarks are available at https://www.synopsys.com/company/legal/trademarks-brands.html. Other company or product names may be trademarks of their respective owners.

INVESTOR CONTACT:

Tushar Jain

Synopsys, Inc.

650-584-5000

Synopsys-ir@synopsys.com

EDITORIAL CONTACT:

Cara Walker

Synopsys, Inc.

650-584-5000

corp-pr@synopsys.com

Forward-Looking Statements

This press release includes certain forward-looking statements regarding the expected timing of the closing of the divestitures and the related transition of the businesses to Keysight. These statements involve risks, uncertainties and other factors that could cause our actual results, time frames or achievements to differ materially from those expressed or implied in such forward-looking statements. Such risks, uncertainties and factors include but are not limited to, the failure to satisfy the conditions to the consummation of each of the proposed divestitures, and the risks more fully described in filings Synopsys makes with the SEC from time to time, including in the sections entitled "Risk Factors" in Synopsys' latest Annual Report on Form 10-K and in Synopsys' latest Quarterly Report on Form 10-Q. The information provided herein is as of. Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law.

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SOURCE Synopsys, Inc.

(END) Dow Jones Newswires

October 10, 2025 09:01 ET (13:01 GMT)