EDA M&A: Synplicity buys Swedish ASIC prototyper

June 4, 2007 – Synplicity Inc., Sunnyvale, CA, a supplier of design and verification software, has agreed to purchase HARDI Electronics AB, a developer of off-the-shelf ASIC prototyping boards, for $24.2 million in cash, to bolster the company’s position in ASIC verification.

Gary Meyers, CEO of Synplicity, noted in a statement that the company plans to sell its lineup of ASIC verification products with HARDI’s prototyping boards, including its ASIC Prototyping System (HAPS). Combined revenues from both businesses should top $80 million in 2008, he noted. (By itself Synplicity posted roughly $64 million in sales for the past four quarters.)

Days ago Synplicity signed a deal with Synopsys to jointly work on next-generation, high-performance verification solutions for ASIC designers, targeting FPGA-based prototyping environments. The firm also recently released what it calls “breakthrough” ASIC verification technology, Identify Pro, to give designers visibility into FPGA-based ASIC and ASSP prototypes, enabling them to quickly find, fix, and verify functional errors.


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