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Synopsys to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

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Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

Highlights: Transaction will establish the Software Integrity Group as a newly independent, leading application security testing software provider. The transaction, valued at up to $2.1 billion, is.

Synopsys (SNPS) to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners in $2 1B Deal

Synopsys (SNPS) to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners in $2 1B Deal
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Chip Designer Synopsys Sells Its Software Integrity Business For ~$2 1B - Synopsys (NASDAQ:SNPS)

Synopsys seals a $2.1 billion deal with Clearlake Capital Group, L.P. and Francisco Partners, elevating its focus on core chip design by divesting its Software Integrity Group business to a new standalone entity. Led by existing management, the move aims to revolutionize software development, enhancing innovation while mitigating business risks.

Synopsys Appoints Sassine Ghazi As CEO

Synopsys Appoints Sassine Ghazi As CEO
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