Add-on Acquisition • Software

Cadence Acquires Forte Design System

On February 18, 2014, Cadence acquired software company Forte Design System

Acquisition Context
  • This is Cadence’s 28th transaction in the Software sector.
  • This is Cadence’s 37th transaction in the United States.
  • This is Cadence’s 26th transaction in California.

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M&A Deal Summary

Date February 18, 2014
Target Forte Design System
Sector Software
Buyer(s) Cadence
Deal Type Add-on Acquisition

Target Company

Forte Design System

San Jose, California, United States
Forte Design Systems is a provider of high-level synthesis (HLS) and arithmetic IP software products.
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Buyer Overview 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 Context for Buyer #
Overall 39 of 54
Sector: Software 28 of 36
Type: Add-on Acquisition 37 of 49
State: California 26 of 30
Country: United States 37 of 45
Year: 2014 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-03 Cadence - Advanced Display Technology

United States

Cadence - Advanced Display Technology provides technological services in US.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-16 Jasper Design Automation

Mountain View, California, United States

Jasper Design Automation, Inc., is a Electronic Design Automation (EDA) company leveraging formal technologies to deliver high value/high ROI solutions for the design and verification of electronic systems and semiconductors.

Buy $170M