In tandem with its FQ4 report, Synopsys (SNPS) announces it's acquiring Magma Design (LAVA) for...
In tandem with its FQ4 report, Synopsys (SNPS) announces it's acquiring Magma Design (LAVA) for $7.35/share in cash - a 28% premium to Magma's closing price. The deal will cost Synopsys $507M net of cash and debt acquired, and will bolster its position as the world's largest provider of chip design software. Magma shares remain halted, while Synopsys is nearly unchanged.
From other sites
Synopsys : Improving the Development of Safety Critical Systems for Automobiles the Focus of New SAE International Webcastat 4-traders.com (Mar 23, 2015)
at Nasdaq.com (Feb 24, 2015)
at Nasdaq.com (Jan 5, 2015)
at CNBC.com (Dec 19, 2014)
at Investor's Business Daily (Dec 4, 2014)
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