Synopsys acquires OTP non-volatile memory IP company

|By:, SA News Editor

Synopsys (NASDAQ:SNPS) acquires Kilopass Technology, leading provider of antifuse one-time programmable non-volatile memory.

Kilopass IP is used in automotive, mobile, IoT, and industrial applications.

Terms of the deal weren’t disclosed. The deal isn’t material to Synopsys financials. 

Synopsys shares are down 0.1% aftermarket.       

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