EDA leader Synopsys Inc. (Mountain View, Calif.) had another busy year on the acquisition front. In February, it announced the closing of a $500 million deal to acquire Magma Design Automation Inc. (San Jose, Calif.).
In May, Synopsys acquired RSoft Design Group Inc. (Ossining, N.Y.), a provider of photonics design and simulation software. Two months later, Synopsys grabbed Ciranova Inc. (Santa Clara, Calif.) a mixed-signal and analog layout tools vendor.
That was followed in and in August by a move to buy IC debug and verification software company SpringSoft Inc. (Hsinchu, Taiwan). That deal closed in December at for $417 million, or approximately $320 million net of cash acquired.
Chi-Foon Chan, co-CEO of Synopsys, helped drive its acquisition strategy during 2012.