Industry News: Cyber

Synopsys to Sell Unit for as Much as $2.1 Billion to Private Equity Firms

Written by Cybersecurity | May 10, 2024 1:11:12 PM

2024-05-06

Yahoo Finance: Chip-design company Synopsys Inc. is selling its software integrity business to two private equity firms for as much as $2.1 billion in cash. Clearlake Capital and Francisco Partners are buying the cybersecurity-focused business and will run it as a new, as-yet unnamed independent company, according to a statement.

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