M&A Deal Summary

Synopsys Acquires Protecode

On November 6, 2015, Synopsys acquired software company Protecode

Acquisition Highlights
  • This is Synopsys’ 32nd transaction in the Software sector.
  • This is Synopsys’ 4th transaction in Canada.
  • This is Synopsys’ 3rd transaction in Ontario.

M&A Deal Summary

Date 2015-11-06
Target Protecode
Sector Software
Buyer(s) Synopsys
Deal Type Add-on Acquisition

Target

Protecode

Kanata, Ontario, Canada
Protecode, Inc. is a provider of open source software (OSS) associated to license and security risks.

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Buyer(S) 1

Buyer

Synopsys

Sunnyvale, California, United States

Category Company
Founded 1986
Sector Software
Employees20,000
Revenue 6.1B USD (2024)
DESCRIPTION
Entrance to Synopsys' corporate headquarters in Mountain View, California.
Entrance to Synopsys' corporate headquarters in Mountain View, California.

Synopsys is a global software company providing electronic design automation tools, semiconductor intellectual-property blocks, and verification & simulation solutions that help engineers design, test, and build integrated circuits, systems-on-chip, and complex electronics. Synopsys was founded in 1986 and is based in Sunnyvale, California.


DEAL STATS #
Overall 45 of 71
Sector: Software M&A 32 of 49
Type: Add-on Acquisition M&A Deals 41 of 64
State: Ontario M&A 3 of 3
Country: Canada M&A 4 of 4
Year: 2015 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Atrenta

San Jose, California, United States

Atrenta, Inc. is a provider of Electronic Design Automation (EDA) software, supplying software tools used by the semiconductor industry for the verification of the design of integrated circuits. Atrenta offers a predictive approach to chip design by delivering automated analysis and verification solutions that find complex design problems and address downstream implementation and verification issues early in the design cycle.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-18 Goanna Software Pty.

Sydney, Australia

Red Lizard Software is a software company that provides static source code analysis tools for reducing security vulnerabilities, improving code quality, and ensuring compliance with industry coding standards.

Buy -