M&A Deal Summary

Cadence Acquires Valid Logic Systems

On December 31, 1991, Cadence acquired semiconductors company Valid Logic Systems

Acquisition Highlights
  • This is Cadence’s 2nd transaction in the Semiconductors sector.
  • This is Cadence’s 2nd transaction in the United States.
  • This is Cadence’s 1st transaction in California.

M&A Deal Summary

Date 1991-12-31
Target Valid Logic Systems
Sector Semiconductors
Buyer(s) Cadence
Deal Type Add-on Acquisition

Target

Valid Logic Systems

San Jose,, California, United States
Valid Logic Systems is a Supplier of gate-level descign system. Company manufactures printed circuit board design tools.

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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 2 of 54
Sector: Semiconductors M&A 2 of 11
Type: Add-on Acquisition M&A Deals 2 of 49
State: California M&A 1 of 30
Country: United States M&A 2 of 45
Year: 1991 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1990-01-30 Automated Systems

United States

Automated Systems engages in design and manufacture of electronic printed circuit boards ("PCBs") to the aerospace, defense, computer and telecommunications industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1992-01-01 Seed Solutions

Chesterland,, Ohio, United States

Seed Solutions specializes in the design and development phase of software products.

Buy -