The news crossed the wires at 8:00 am this morning: Atrenta announced it has acquired NextOp Software, “allowing Atrenta to expand its de-facto standard SpyGlass RTL platform to include functional verification using NextOp’s patented dynamic assertion synthesis technology, and creating a more complete SoC Realization platform.” Financial terms of the transaction were not disclosed.
With the acquisition, NextOp President & CEO Dr. Yunshan Zhu becomes VP of New Technologies reporting to Atrenta Chairman, President & CEO Dr. Ajoy Bose. NextOp Co-founder & CTO Dr. Yuan Lu becomes Chief Verification Architect reporting to Zhu.
EDA luminary Jim Hogan is quoted in today’s Press Release: “I’m glad to see private/private acquisitions like this happening again after such a long dry spell. Atrenta could be leading a trend in renewed growth for the EDA sector.”
I spoke by phone with Ajoy Bose and Yunshan Zhu earlier in the week about the upcoming announcement.