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EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

EU approves $35B Synopsys and Ansys merger, subject to divestment conditions

The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products…

RadioShack is back (kind of)

RadioShack is back (kind of)

The 21st century has not been kind to RadioShack. The once-dominant electronics component retailer simply couldn’t compete with big box stores like Best Buy and online retail juggernaut Amazon. February 2015 saw the company delisted from the New York Stock Exchange before declaring bankruptcy the same month…