I don't think it will get blocked, I'm just hoping it does. The irony is Magma paid Synopsys about a half billion dollars to settle a patent lawsuit which is about the same price as Synopsys is paying for Magma. So in effect Synopsys got Magma for free.
Given the companies have no consumer biz, I would think FTC wuld be hard pressed to object, even though engineers may fear rising prices for tools after this deal.
I wonder will Cadence feel pressure to merge with Mentor?
Do you think that is a possibility? That came up on the conference call, with Aart de Geus saying that Synopsys is confident of the outcome. It seems to me that the government is no more likely to step in here than with many other EDA deals of the past.
Wow, a 28% premium over today's closing price for Magma (stock symbol LAVA). If this gives Synopsys' analog tools offerings a big boost, it will be money well spent.
And once again, EDA is back to the Big Three...