Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners
SNPSSynopsys(SNPS) Prnewswire·2024-05-06 21:00

Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is expected to close in the second half of 2024, subject to customary closing conditions including the receipt of required regulatory approvals. Synopsys sharpens focus on accelerating its silicon to systems strategy and advancing its core design automation and design IP businesses. SUNNYVALE, Calif., May 6, 2024 /P ...