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Synopsys acquires emulation tool vendor EVE
Anne-Francoise Pele
10/4/2012 11:14 AM EDT
PARIS – For once, the rumor proved right. EDA and IP vendor Synopsys Inc. announced it has completed the acquisition of emulation tool vendor EVE SA. Financial details remained undisclosed.
Synopsys (Mountain View, Calif.) said the integration of EVE (Palaiseau, France) and its line of ZeBu hardware-assisted verification products would broaden its verification offerings. The deal also gives Synopsys the ability to counter Cadence Design Systems Inc.'s Palladium hardware-software verification computing platform.
[Get a 10% discount on ARM TechCon 2012 conference passes by using promo code EDIT. Click here to learn about the show and register.]
EVE was founded in April 2000 with the goal of developing a new approach to hardware-assisted verification. The French company said it aimed to make hardware-assisted verification more accessible than ever before--accessible by SoC designers and embedded software developers, accessible throughout the design cycle, and accessible by groups with modest EDA budgets.
EVE's acceleration product has been shipping since 2001 and its ZeBu (Zero Bug) emulation product has been shipping since 2003. EVE currently has more than 100 employees with facilities in the U.S., Europe and Asia.
"The combination of Synopsys and EVE will allow us to deliver our emulation solution more broadly while integrating with Synopsys' best-in-class simulation, debug, VIP and prototyping solutions," said Luc Burgun, president and CEO of EVE, in a statement.
With EVE integrated nto Synopsys' verification business unit, Burgun will assume responsibility for the emulation team.
The acquisition is likely to bring the endless legal battle between EVE and Mentor Graphics Corp. to the next level. The two companies have been trading lawsuits for years. Most recently, in August, Mentor indeed filed another patent infringement suit against EVE, alleging that EVE products violate a U.S. patent in a "regionally time multiplexed system" held by Mentor.
Synopsys said it does not expect the transaction to have a material impact on its financial results in 2012 or 2013.
In August, Synopsys reported fiscal third quarter sales of $443.7 million, up 22 percent from the previous quarter and up 15 percent compared with the year-ago quarter. The company is projecting sales for the fiscal year, which closes this month, to be between $1.74 billion and $1.75 billion.
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Synopsys (Mountain View, Calif.) said the integration of EVE (Palaiseau, France) and its line of ZeBu hardware-assisted verification products would broaden its verification offerings. The deal also gives Synopsys the ability to counter Cadence Design Systems Inc.'s Palladium hardware-software verification computing platform.
[Get a 10% discount on ARM TechCon 2012 conference passes by using promo code EDIT. Click here to learn about the show and register.]
EVE was founded in April 2000 with the goal of developing a new approach to hardware-assisted verification. The French company said it aimed to make hardware-assisted verification more accessible than ever before--accessible by SoC designers and embedded software developers, accessible throughout the design cycle, and accessible by groups with modest EDA budgets.
EVE's acceleration product has been shipping since 2001 and its ZeBu (Zero Bug) emulation product has been shipping since 2003. EVE currently has more than 100 employees with facilities in the U.S., Europe and Asia.
"The combination of Synopsys and EVE will allow us to deliver our emulation solution more broadly while integrating with Synopsys' best-in-class simulation, debug, VIP and prototyping solutions," said Luc Burgun, president and CEO of EVE, in a statement.
With EVE integrated nto Synopsys' verification business unit, Burgun will assume responsibility for the emulation team.
The acquisition is likely to bring the endless legal battle between EVE and Mentor Graphics Corp. to the next level. The two companies have been trading lawsuits for years. Most recently, in August, Mentor indeed filed another patent infringement suit against EVE, alleging that EVE products violate a U.S. patent in a "regionally time multiplexed system" held by Mentor.
Synopsys said it does not expect the transaction to have a material impact on its financial results in 2012 or 2013.
In August, Synopsys reported fiscal third quarter sales of $443.7 million, up 22 percent from the previous quarter and up 15 percent compared with the year-ago quarter. The company is projecting sales for the fiscal year, which closes this month, to be between $1.74 billion and $1.75 billion.
See related stories:
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