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Product category: Design and Development Software
News Release from: Synplicity
Edited by the Electronicstalk Editorial Team on 05 July 2002

Synplicity completes acquisitions from
IOTA

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Synplicity has completed its acquisition of key products and technology from IOTA Technology.

Synplicity has completed its acquisition of key products and technology from IOTA Technology Synplicity reached a definitive agreement with IOTA Technology for the acquisition of the products and technology on 5th June 2002, and has now completed the acquisition through the payment of $4,100,000 in cash and issuance of 300,000 shares of common stock of Synplicity, for a total purchase price of approximately $5.5 million

With the finalisation of this asset acquisition, Synplicity now owns signal integrity and power analysis technology, power planning and analysis products, as well as additional deep submicron intellectual property.

Synplicity plans to leverage the acquired core signal integrity and power analysis technology for the development of next-generation ASIC synthesis and design implementation products.

The company plans to continue to sell the power planning and analysis software acquired from IOTA Technology, including the PowerPlanner, RealPower and PowerRoute products, as part of a new Fortify family of power solutions.

These products are available now from Synplicity.

Synplicity: contact details and other news
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