MOUNTAIN VIEW, Calif., March 23, 2010 -- Synopsys, Inc. (Nasdaq: SNPS), a world leader in software and IP for semiconductor design, verification and manufacturing, today announced it has completed its acquisition of CoWare, Inc., a global supplier of software and services for electronic systems design.
With embedded software becoming more pervasive, system-level design and verification solutions are gaining traction among developers. The addition of CoWare's talent and complementary technology extends Synopsys' activities in the system-level design market segment. Synopsys will be able to accelerate and bring to market new solutions based on open interoperability standards so engineers can more quickly design processor and software-intensive products.
The terms of the deal have not been disclosed.
Synopsys, Inc. (Nasdaq: SNPS) is a world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design, verification and manufacturing. Synopsys' comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, software-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 65 offices located throughout North America, Europe, Japan, Asia and India. Visit Synopsys online at http://www.synopsys.com/.