Synopsys completes CoWare acquisition

PARIS — EDA and IP vendor Synopsys Inc. (Mountain View, Calif.) announced it has completed the acquisition of electronic system-level design software vendor CoWare Inc. Financial terms of the agreement remained undisclosed.

Unveiled early February, this acquisition will expand Synopsys' portfolio of system-level design and verification products used in wireless, consumer and automotive design, the company noted.

Synopsys added that it will be able to accelerate and bring to market new solutions based on open interoperability standards so that engineers can more quickly design processor and software-intensive products.

CoWare (San Jose, Calif.) said in a statement of its own that it brings to Synopsys a range of electronic system design solutions covering processor design, system architecture design, verification, software development and algorithm design.

"We have developed a significant product offering based on standards-based technologies and solutions that IP, semiconductor and systems companies have successfully deployed," said Alan Naumann, CoWare president and CEO.

In addition to CoWare, Synopsys has recently acquired virtual system prototyping technology provider Vast Systems Technology Corp. and Gemini Design Automation (Fremont, Calif.), a start-up company focused on the challenges of verifying complex analog and mixed-signal designs.