M&A Deal Summary

Cadence Acquires Sigrity

On July 2, 2012, Cadence acquired software company Sigrity for 80M USD

Acquisition Highlights
  • This is Cadence’s 25th transaction in the Software sector.
  • This is Cadence’s 14th largest (disclosed) transaction.
  • This is Cadence’s 35th transaction in the United States.
  • This is Cadence’s 24th transaction in California.

M&A Deal Summary

Date 2012-07-02
Target Sigrity
Sector Software
Buyer(s) Cadence
Deal Type Add-on Acquisition
Deal Value 80M USD
Advisor(s) Needham & Company (Financial)

Target

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.

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Buyer(S) 1

Buyer

Cadence

San Jose, California, United States

Category Company
Founded 1987
Sector Software
Employees12,700
Revenue 4.6B USD (2024)
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 36 of 54
Sector: Software M&A 25 of 36
Type: Add-on Acquisition M&A Deals 34 of 49
State: California M&A 24 of 30
Country: United States M&A 35 of 45
Year: 2012 M&A 1 of 1
Size (of disclosed) 14 of 21
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-12 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-07 Cosmic Circuits Pvt.

Bengaluru, India

Cosmic Circuits Pvt. Ltd. is a provider of analog and mixed signal intellectual property (IP) cores. Cosmic Circuits offers silicon-proven IP solutions in connectivity and advanced mixed-signal technologies in the 40nm and 28nm process nodes, with 20nm and FinFET development well underway.

Buy -