Synopsys completes acquisition of SpringSoft
Synopsys has completed its $417million acquisition over ic design software specialist SpringSoft.
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"Combining SpringSoft's team and platform with Synopsys' complementary technology will help us lead further innovations in debug to more rapidly address the growing verification challenge," said Chi-Foon Chan, Synopsys' president and co ceo.
It is hoped that the combination of the two companies' technologies will help to accelerate the delivery of a unified, powerful SoC debug environment.
The final gross transaction value of the all cash deal was $417m.