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Wow factor: SNPS to acquire SpringSoft

Thursday, August 2nd, 2012


When it comes to wow factor, nothing outpaces the August 3rd announcement that Synopsys is going to acquire Taiwan-based SpringSoft. The announcement is astonishing for three reason:

1) Synopsys just announced the acquisition of Ciranova last week. True, the details of that deal were not released and Ciranova is not a ‘large’ company – still, two acquisitions by Synopsys in as many weeks is noteworthy.

2) SpringSoft is a publicly-traded company and therefore the details of the acquisition must be announced: Synopsys will be paying about $300 million for SpringSoft (net of cash acquired), which is a helluva lot of money …

3) … given that Synopsys has already executed another high-profile, high-priced acquisition of a publicly traded company earlier this year, buying Magma Design Automation for about $523 million (net of cash acquired).



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