Application Software M&A » By The Online Investor Staff, updated Fri., Apr. 19, 7:07 AM
Recent mergers and acquisitions in the Application Software M&A category.
Slide #63. Synopsys — Coverity
Acquirer: |
Synopsys (NASDAQ:SNPS) |
Acquiree: |
Coverity |
Details: |
Synopsys, Inc. (Nasdaq:SNPS), a global leader providing software, IP and services used to accelerate innovation in chips and electronic systems, and Coverity, the leading provider of software quality, testing, and security tools, today signed a definitive agreement for Synopsys to acquire Coverity. Coverity products reduce the risk of quality and security defects, which can lead to the catastrophic failures that plague many of today's large software systems. |
Synopsys engages in supplying the electronic design automation software that engineers use to design and test integrated circuits. Co. also provides semiconductor intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs. Co. provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them. In addition, Co. provides technical services and support to help its customers develop chips and electronic systems. Co. also provides software tools and services in a variety of industries, including electronics, financial services, automotive, medicine, energy and industrials.
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Company Name: |
Synopsys Inc |
Stock buyback: |
SNPS buyback |
Website: |
www.synopsys.com |
Sector: |
Application Software |
Number of ETFs Holding SNPS: |
117 |
Total Market Value Held by ETFs: |
$12.46B |
Total Market Capitalization: |
$82.54B |
% of Market Cap. Held by ETFs: |
15.09% |
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April 19, 2024 7:07 AM Eastern
Strong Buy (3.80 out of 4)
100th percentile
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