Synopsys stock was falling Monday after the chip-design software company received conditional regulatory approval from China to move forward with its $35 billion acquisition of Ansys.The two companies were awaiting clearance from China’s State Administration for Market Regulation,

Regulators in Beijing quietly approve Synopsys's blockbuster buyout of Ansys--after months of geopolitical tension and delay.

Chip design software provider Synopsys said it received conditional approval from Chinese regulators for its $35 billion purchase of Ansys, clearing the final regulatory hurdle for the deal.