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US FTC's Meador slams Synopsys, Ansys for 'bad faith' merger remedy compliance

By Flavia Fortes ( November 6, 2025, 19:11 GMT | Insight) -- US Federal Trade Commissioner Mark Meador issued a sharply worded statement condemning Synopsys and Ansys for what he described as “bad faith” conduct in their handling of divestiture obligations under a consent order related to their merger. Meador said the companies knowingly closed the $35 billion deal in July 2025 despite being unable to meet a key condition requiring prompt divestiture of certain assets to Keysight Technologies, as mandated by the FTC’s May 2025 order. While concurring in finalizing the order, Meador said he would have supported referring the matter for civil penalties, citing prior cases where companies faced multimillion-dollar fines for violating FTC divestiture orders. US Federal Trade Commissioner Mark Meador issued a sharply worded statement condemning Synopsys and Ansys for what he described as “bad faith” conduct in their handling of divestiture obligations under a consent order related to their merger....

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