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Synopsys to sell software unit to Clearlake, Francisco in $2.1 billion deal, ET Telecom

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. ....

Clearlake Capital , Francisco Partners , Software Unit , Application Security Testing , Chip Designer , Clearlake Capital , Francisco Partners ,