Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.

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Synopsys Completes Acquisition of Certain IP Assets from eSilicon

MOUNTAIN VIEW, Calif., Jan. 13, 2020 - Synopsys, Inc. (Nasdaq: SNPS) today announced that it has completed its acquisition of certain IP assets from eSilicon. This acquisition expands Synopsys' DesignWare® Embedded Memory IP portfolio with TCAMs and multi-port memory compilers, as well as its Interface IP portfolio with High-Bandwidth Interface (HBI) IP. The acquisition also adds a team of experienced R&D engineers to further scale Synopsys' IP development in the most advanced process technologies to address customers' evolving design requirements in growing markets such as AI and cloud. The remaining entirety of eSilicon, including its ASIC business and 56/112G SerDes design and related IP, was acquired by Inphi Corporation.

The transaction is not material to Synopsys' financials and the terms are not being disclosed.