BUSINESS

Synopsys acquires two companies

BANGALORE: Synopsys Inc., world leader in semiconductor design software, has announced two acquisitions that will expand the company's successful DesignWare portfolio of standards-based IP. Synopsys and Monolithic System Technology, Inc. (MoSys), a leading provider of high-density SoC embedded memory solutions, announced that they have entered into a definitive agreement for Synopsys to acquire MoSys in a cash and stock transaction valued at about $432 million In addition, Synopsys has acquired Accelerant Networks, a privately held company providing technology for high-speed serial interfaces.

Our Bureau