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Synopsys to acquire Analog

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CIOL Bureau
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BANGALORE: Synopsys, Inc., a provider of semiconductor design software, has announced that it has signed a definitive agreement to acquire substantially all of the assets of Analog Design Automation, Inc. (ADA), a provider of automated circuit optimization solutions for analog, mixed-signal and custom integrated circuits.

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Through this acquisition, Synopsys expects to introduce new and innovative analog and mixed-signal design technologies. ADA’s current offerings automate analog and mixed-signal design creation, which helps reduce design cycle time. The terms of the deal are not being disclosed.

"Synopsys evaluated a number of circuit optimization solutions available in the market and believes that ADA’s technology offered the best combination of features and performance when compared to the alternatives," said Sanjiv Kaul, senior vice president and general manager, New Ventures, Synopsys, Inc.



"Selling ADA circuit optimization technology standalone, and more importantly integrating it with Synopsys’ HSPICE and NanoSim circuit simulators, will strengthen our solutions in the analog and mixed-signal area by offering customers a powerful, multifunctional simulation tool."

"Synopsys was an early investor in ADA and there is strong synergy between ADA’s analog optimization and Synopsys’ circuit simulation products," said Matthew Raggett, CEO of Analog Design Automation."This acquisition will help take the most advanced optimization technology to the mainstream analog design market."

In the acquisition, Synopsys will acquire all of ADA’s analog and mixed-signal tools and technology, and will hire its technical, applications and sales team. The acquisition is subject to customary closing conditions, including receipt of requisite ADA shareholder approvals, and is expected to close by the end of February 2004.



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