Add-on Acquisition • Software

Avant! Acquires COMPASS Design Automation

On August 25, 1997, Avant! acquired software company COMPASS Design Automation

Acquisition Context
  • This is Avant!’s 4th transaction in the Software sector.
  • This is Avant!’s 4th transaction in the United States.
  • This is Avant!’s 3rd transaction in California.

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M&A Deal Summary

Date August 25, 1997
Target COMPASS Design Automation
Sector Software
Buyer(s) Avant!
Deal Type Add-on Acquisition

Target Company

COMPASS Design Automation

San Jose, California, United States
COMPASS Design Automation is a provider of EDA tools and libraries for the design of deep-submicron ASICs and ASSPs. The company supplies products in four focus areas including formal verification, floorplanning, place and route and physical libraries.
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Buyer Overview 1

Buyer

Avant!

Fremont,, California, United States

Category Company
Sector Software
Employees1,500
DESCRIPTION

Avant! Corporation was an electronic design automation software company that spent its life in litigation with Cadence over the theft of code. Avant! concentrated on the back-end of the flow including physical design, parasitic extraction, verification, flow development, and library development services.


Deal Context for Buyer #
Overall 4 of 12
Sector: Software 4 of 10
Type: Add-on Acquisition 4 of 12
State: California 3 of 8
Country: United States 4 of 11
Year: 1997 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-05-27 Meta-Software

Campbell, California, United States

Meta-Software is a producer of the world's premier analog circuit simulator. HSPICE is considered the gold standard in circuit simulators.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-11-24 Datalink Far East

Taiwan, Japan

Datalink Far East is a distribution company. Datalink is crucial to serve the fast-growing EDA customer base in the Greater China region.

Buy -