06 August 2012
Synopsys buys SpringSoft in $400million deal
Synopsys has signed a definitive agreement to acquire ic design software specialist SpringSoft in a $406 million cash deal.
"This acquisition will increase Synopsys' investment in Taiwan by growing our local engineering expertise, technology development capabilities and customer support," said Chi-Foon Chan, pictured, Synopsys' president and co ceo. "Combining SpringSoft's team and platform with Synopsys' complementary technology will help Synopsys lead further innovations in debug to more rapidly address the growing verification challenge."
According to Synopsys, verification requirements have 'exploded' as designs have become increasingly complex, with debugging the most time consuming part of verification. The combination of the two companies' technologies will help to accelerate the delivery of a unified, powerful SoC debug environment.
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