Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 1:39 AM
Recent mergers and acquisitions in the Application Software M&A category.
| This Slide: #75 of 100 |
Slide #75. Synopsys, Inc. — Target Compiler Technologies
Acquirer:
Synopsys, Inc. (NASDAQ:SNPS)
Acquiree:
Target Compiler Technologies
Details:
Synopsys, Inc. (Nasdaq:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, today announced it has completed the acquisition of Target Compiler Technologies, a privately held company headquartered in Leuven, Belgium, that provides software tools to design and program application-specific instruction-set processors (ASIPs). ASIPs complement industry-standard processor architectures by enabling designers to implement their own highly specialized software programmable engines for compute-intensive digital signal and data plane processing. The acquisition of Target strengthens Synopsys' existing ASIP tools portfolio while bringing a world-class team of ASIP experts into the company.
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 »
|
||||||||||||||||||||||||
Open the SNPS Page at The Online Investor (in a new window) »
 Free SNPS Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
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 |
