Synopsys acquires OTP non-volatile memory IP company

Jan. 10, 2018 4:21 PM ETSynopsys, Inc. (SNPS)By: Brandy Betz, 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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