Electronic system software and IP manufacturer Synopsys Complete Springsoft acquisition case

Global chip design and electronic system software and IP manufacturer new technology (SYNOPSYS) has completed the source technology (Springsoft) merger case. Headquartered in Hsinchu, Taiwan, Siyuan Technology is a professional IC design software manufacturers, new technology has successfully acquired the source of technology all outside the circulation of shares. US technology in the October 1 this year to complete the public acquisition of 91.64% shares of Siyuan technology, and on November 30 reached 100% shareholding, Siyuan technology stocks have now ceased trading.

This merger reinforces the investment of new technology in Taiwan and expands the capabilities of wafer design technology development and customer support services. The combination of Siyuan technology and new technology helps to provide an effective and integrated Soc debugging platform (debug platform) and provides customers with high order automated customer implementation solutions (custom implementation tools).

US technology is through its Taiwan branch of cash per share of NT $57 (about US $1.95) to acquire the source of shares, the overall transaction amount of about 417 million U.S. dollars (NT $12.2 billion), or about net cash of USD 320 million (NT $9.4 billion).