M&A Deal Summary

Cadence Acquires Azuro

On July 12, 2011, Cadence acquired software company Azuro

Acquisition Highlights
  • This is Cadence’s 24th transaction in the Software sector.
  • This is Cadence’s 34th transaction in the United States.
  • This is Cadence’s 23rd transaction in California.

M&A Deal Summary
Date 2011-07-12
Target Azuro
Sector Software
Buyer(s) Cadence
Deal Type Add-on Acquisition

Target

Azuro

Santa Clara, California, United States
Azuro, Inc., is a pioneered a paradigm shift in the digital implementation and optimization of next-generation SoCs. Azuro offers unique clock concurrent optimization technology, also known as ccopt, which delivers superior capabilities for designers faced with increasing performance, power and area challenges.

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Buyer(S) 1

Buyer

Cadence

San Jose, California, United States
Category Company
Founded 1987
Sector Software
Employees11,200
Revenue 4.1B USD (2023)
DESCRIPTION
Entrance to Cadence Design Systems' corporate headquarters in San Jose, California.
Entrance to Cadence Design Systems' corporate headquarters in San Jose, California.

Cadence develops system design enablement solutions that customers use to design whole electronics systems, increasingly small and complex integrated circuits, and electronic devices. Cadence's solutions are designed to help customers reduce the time to bring an electronics system, IC or electronic device to market and to reduce their design, development and manufacturing costs. Cadence's product offerings include electronic design automation, software, emulation and prototyping hardware, system interconnect and analysis and categories of intellectual property referred to as verification IP and design IP. Cadence was founded in 1987 and is based in San Jose, California.

DEAL STATS #
Overall 35 of 52
Sector (Software) 24 of 36
Type (Add-on Acquisition) 33 of 47
State (California) 23 of 30
Country (United States) 34 of 45
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-10 Altos Design Automation

Campbell, California, United States

Altos Design Automation, Inc., is a technology provider in enabling foundation IP development for the delivery of complex SoCs at advanced nodes. Shrinking process geometries increase process variations and make creation of accurate noise, power and timing models for foundation IP very complex given smaller time-to-market windows.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 Sigrity

Campbell, California, United States

Sigrity, Inc., is a signal and power integrity technology provider. Sigrity provides a rich set of gigabit signal and power network analysis technologies, including a unique power-aware signal integrity analysis capability for system, printed circuit board (PCB), and IC package designs.

Buy $80M
Mergr

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