Synopsys swallows Synplicity
1 min read
In a deal valued at more than $225million, Synopsys has signed a definitive agreement to acquire Synplicity. The latter offers a range of fpga and ic design and verification products targeted at a range of electronics markets.
In addition to Synplicity’s fpga design solutions, Synopsys will gain a differentiated rapid prototyping portfolio that complements its virtual prototyping business. Combining Synplicity’s hardware based rapid prototyping and Synopsys' software based virtual prototyping solutions will enable electronics companies to meet tight market windows with proven designs, even as software content continues to grow exponentially.
“Synplicity’s strong product portfolio, expertise and customer reach will be ideal complements to Synopsys,” said Synopsys chairman and ceo Aart de Geus, pictured. “The combination will expand our presence in the systems and mid tier market segments, will support our strategy to provide rapid prototyping capabilities to a broad set of customers to enable much faster software development, and will enhance Synplicity’s already strong offering in fpga implementation.”
For his part, Synplicity president Gary Meyers, claimed: “The acquisition will allow us to scale Synplicity’s fpga and rapid prototyping business to help more designers successfully solve the increasingly complex problems associated with creating today’s chips and systems.”
