Tuesday, January 16, 2024

Synopsys to buy Ansys for $35 bn, creating US software giant

In combining the companies, the stock and cash deal will make use of artificial intelligence and other advances to promote innovation across a variety of sectors, Synopsys Chief Executive Sassine Ghazi said in a news release.

from Economic Times https://ift.tt/BWdKwMm

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...