Synopsys buys Elliptic Technologies, expands security portfolio

In a move that boosts its security portfolio, Synopsys has acquired Elliptic Technologies, which develops security IP cores and software solutions for a range of applications. The move follows Synopsys' recent acquisition of Codenomicon. Both acquisitions are said to demonstrate the company's investment in providing the electronics industry with the necessary technology for developing secure products.

"We live in an internet connected world and built in security is critical in protecting devices from malware, data breaches and more," said Joachim Kunkel, pictured, general manager of Synopsys' Solutions Group. "The acquisition of Elliptic Technologies enables us to provide designers with a broad portfolio of proven security IP solutions that help them create the SoCs that are at the heart of secure connected devices."

Elliptic Technologies' products are said to complement Synopsys' DesignWare IP portfolio. Synopsys also gains access to an R&D team with deep security expertise.

Meanwhile, Synopsys has signed a definitive agreement to acquire the Quotium Seeker product and R&D team. The move will add interactive application security testing to the Coverity platform. Seeker is said to complement Coverity's static analysis technology by testing and analysing applications in run time.