Synopsys, Inc. (Nasdaq:SNPS), the technology leader for complex integrated circuit (IC) design, today announced it has signed a definitive agreement to acquire all outstanding shares of Co-Design Automation, a privately held verification company focused on improving the designer’s ability to efficiently create and verify system-on-chip (SoC) designs. The combination of Co-Design Automation technology with Synopsys’ industry-proven VCS™ Verilog simulator will enable delivery of next-generation hardware description language (HDL) solutions. Consideration for the merger consists of cash, notes and assumed options with an aggregate value of approximately $36 million

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