Sassine Ghazi, CEO of Synopsys, achieved regulatory approval for a $35 billion acquisition of Ansys amidst high tensions between the U.S. and China. He engaged directly with both countries, emphasizing Synopsys's global role and the significance of accessing both markets. The complex deal involved navigating technology access negotiations and receiving strong customer support. Ghazi highlighted the mutual benefits of collaboration, particularly in manufacturing and software innovation, underlining the importance of sustained international partnerships for continued leadership in technology.
I've been to China maybe eight times this year. I found myself being a U.S. ambassador to China, explaining the Synopsys position and understanding what they care about.
The tough part wasn't the antitrust review...It was negotiating access to the technology in the event things happen between the two countries.
From the beginning, the message was consistent with the U.S. and with China: I'm not a politician. I represent a global company with opportunities.
With China in particular, I believe they have a great opportunity to take their strength in manufacturing and take it to the next level.
Collection
[
|
...
]