On March 20th Synopsys, Inc announced a definitive agreement to acquire Synplicity, Inc. Under the terms of the agreement, Synopsys will pay approximately $227 million or $188 million net of cash acquired. The transaction is subject to regulatory and Synplicity shareholder approval, as well as other customary closing conditions, and is expected to close in the second calendar quarter of 2008. After the closing, Synplicity will become part of Synopsys and Synplicity stock will cease trading. Synplicity is a leading supplier of innovative FPGA and IC design and verification solutions that serve a wide range of communications, military/aerospace, semiconductor, consumer, computer, and other electronic applications markets. Synplicity also offers hardware-based rapid prototyping having itself acquired HARDI Electronics AB, a developer of off-the-shelf ASIC prototyping boards, for $24.2 million in cash in June 2007.

                                                            



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-- Jack Horgan, EDACafe.com Contributing Editor.