Chip Designer Synopsys Sells Its Software Integrity Business For ~$2.1B
Chip Designer Synopsys Sells Its Software Integrity Business For ~$2.1B
Chip designer $Synopsys (SNPS.US)$ has entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners, two global private equity firms, to sell its Software Integrity Group business.
芯片設計師 $新思科技 (SNPS.US)$ 已與兩家全球私募股權公司Clearlake Capital Group, L.P. 和Francisco Partners簽訂了出售其軟件誠信集團業務的最終協議。
The transaction is valued at up to $2.1 billion, including up to $475 million in cash payable upon Francisco Partners and Clearlake achieving a specified rate of return.
該交易的價值高達21億美元，其中包括在Francisco Partners和Clearlake實現特定回報率時應支付的高達4.75億美元的現金。
After the completion of the transaction, Software Integrity Group business will emerge as a newly independent application security testing software provider, led by the existing management team.
交易完成後，Software Integrity Group的業務將成爲一家新的獨立應用程序安全測試軟件提供商，由現有管理團隊領導。
The business will provide integrated software solutions that transform how development teams build and deliver software, boosting innovation while addressing business risk.
該業務將提供集成的軟件解決方案，改變開發團隊構建和交付軟件的方式，在解決業務風險的同時促進創新。
The name of the new standalone entity will be announced at a later date.
新的獨立實體的名稱將在稍後公佈。
"For Synopsys, this move sharpens our focus on the unprecedented, high-growth opportunity we have in our core business – where the engineering of silicon and systems is converging as technology R&D teams look to capitalize on this AI-driven era of pervasive intelligence," said President and CEO Sassine Ghazi.
總裁兼首席執行官薩辛·加齊表示：“對於新思科技而言，這一舉措使我們更加關注核心業務中前所未有的高增長機會——隨着技術研發團隊希望利用這個人工智能驅動的無處不在的智能時代，硅和系統的工程正在融合。”
The transaction, unanimously approved by Synopsys' Board of Directors, is currently expected to close in the second half of 2024.
該交易獲得了新思科技董事會的一致批准，目前預計將於2024年下半年完成。
Synopsys held $1.27 billion in cash and equivalents as of January-end.
截至1月底，新思科技持有12.7億美元的現金及等價物。
In January, Synopsys agreed to acquire rival design software firm $Ansys (ANSS.US)$ for $35 billion.
1月，新思科技同意收購競爭對手的設計軟件公司 $安斯科技 (ANSS.US)$ 價值350億美元。
Price Action: SNPS shares are trading higher by 1.05% at $542.57 at the last check Monday.
價格走勢：週一最後一次支票時，SNPS股價上漲1.05％，至542.57美元。