The Online Investor
Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Tue., May. 24, 7:10 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #45. Synopsys Coverity

Acquirer: Synopsys (NASDAQ:SNPS)
Acquiree: Coverity
Details: Synopsys, Inc. (Nasdaq:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, has completed its acquisition of Coverity, the leading provider of software quality, testing and security tools. The value of the transaction is approximately $334 million net of cash acquired, which Synopsys is funding using a combination of cash and approximately $200 million in debt.

Synopsys supplies electronic design automation software that engineers use to design and test integrated circuits. Co. provides semiconductor intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs. Co. provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them. In addition, Co. provides technical services and support to help its customers develop chips and electronic systems. Co. is also a provider of software tools and services in a variety of industries, including electronics, financial services, automotive, medicine, energy and industrials.

SNPS SEC Filing Email Alerts Service


Open the SNPS Page at The Online Investor »

Company Name: 
Synopsys Inc
Stock buyback: 
SNPS buyback
Website: 
www.synopsys.com
Sector: 
Application Software
Number of ETFs Holding SNPS: 
115
Total Market Value Held by ETFs: 
$7.89B
Total Market Capitalization: 
$46.01B
% of Market Cap. Held by ETFs: 
17.15%
 

Open the SNPS Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree SNPS Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (3.43 out of 4)
42nd percentile
(ranked lower than approx. 58% of all stocks covered)

Analysts' Target Price:
SNPS Stock Forecast

Based on Zacks ABR data;
powered by Xignite

Application Software M&A - Slide 45 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2022, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.