Page 12 - Synopsys News Today

Shares of technology companies slipped as momentum faltered in the artificial-intelligence boom. Nvidia traded at an all-time high. Meta Platforms faces a European Union investigation into...

Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. • The transaction,…

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Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is...

Synopsys, Inc. (SNPS), an electronic design automation company, said on Monday that it has inked a deal with Clearlake Capital Group, L.P. and Francisco Partners, two private equity firms, to sell its Software Integrity Group business for up to $2.

Synopsys: The deal includes up to $475 million in cash that will be payable once the buyout firms hit a certain rate of return related to one or more liquidity transactions.

Synopsys will sell its software integrity unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said on Monday. ...

-Synopsys will sell its software integrity unit to a private equity consortium led by Clearlake Capital and Francisco Partners in a deal valued at $2.1 billion, the chip designer said... -May 06, 2024 at 10:35 am EDT - MarketScreener

For the last two decades or so, the EDA industry has grown at the same rate as the overall semiconductor industry. Mentor Graphics CEO Wally Rhines explained the situation to Magdy Abadir in the January/February 2017 edition of IEEE Design and Test magazine: “EDA revenue is very stable at 2% of semiconductor revenue, and if…

By Chris Wack Synopsys is selling its Software Integrity Group business to Clearlake Capital Group and Francisco Partners in a transaction with a total value of up to $2.1 billion. The...