Synopsys Completes Acquisition of ProDesign’s CHIPit Business Unit

MOUNTAIN VIEW, Calif. — Synopsys, Inc. (Nasdaq: SNPS) announced it has completed its acquisition of the CHIPit business unit of ProDesign, a leading provider of high-speed ASIC and System-on-Chip (SoC) verification systems. CHIPit is a line of automated ASIC prototyping solutions that provides hardware-assisted verification throughout the SoC and ASIC project life cycles. The integration of CHIPit’s strong team, technology and products into Synopsys’ Synplicity Business Group will expand Synopsys’ presence in the fast-growing rapid prototyping segment and accelerate its ability to address every phase in the verification cycle. The terms of the deal are not being disclosed.

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Source: :: Make Parts Fast ::