SAN JOSE, Calif. The Federal Trade Commission has requested further information from Synopsys Inc. and Nassda Corp. regarding Synopsys' pending acquisition of Nassda, the companies announced late Monday (Jan. 10).
According to statements from both companies, the FTC's request will result in an extension of the waiting period under U.S. antitrust laws.
The companies announced the $61 million acquisition last month $61 million acquisition. If approved by the FTC, the deal brings Nassda's HSIM fast Spice simulator to Synopsys and ends all litigation between the two companies.
"Nassda intends to comply with the FTC's request as quickly as possible, so that the parties and their customers can begin to realize the substantial benefits of the transactions," Sang Wang, chairman and CEO of Nassda, said in a statement.