Synopsys (SNPS) is buying Taiwanese chip design software firm SpringSoft for $305M in cash. The...
Synopsys (SNPS) is buying Taiwanese chip design software firm SpringSoft for $305M in cash. The price represents a 25% premium to SpringSoft's Friday close in Taipei. Synopsys expects the deal, which strengthens its offerings in the growing chip verification space, to be slightly accretive. "I hope they don’t get indigestion!," writes EE Times' Brian Bailey, noting the deal follows other Synopsys acquisitions. Rival Cadence (CDNS) has also been busy buying smaller peers.
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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