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Zacks
Synopsys (SNPS) to Sell Software Integrity Business for $2.1B
By divesting its Software Integrity Group, Synopsys (SNPS) seeks to optimize its operational efficiency and allocate resources more effectively.
Simply Wall St.
Synopsys' (NASDAQ:SNPS) investors will be pleased with their fantastic 371% return over the last five years
Long term investing can be life changing when you buy and hold the truly great businesses. And we've seen some truly...
Barrons.com
Synopsys Sells Software-Testing Unit for More Than $2 Billion
The semiconductor-design software provider Synopsys is selling its software -integrity unit to two private-equity companies, potentially boosting its cash profile. Clearlake Capital and Francisco Partners are buying Synopsys’ security-testing software business for $2.1 billion, including up to $475 million in cash payable when certain conditions are met. Synopsys stock was trading flat after the announcement.