Monday, May 11, 2009

Synopsys Acquires Analog Business Group of MIPS Technologies

MOUNTAIN VIEW, Calif., May 8 /PRNewswire-FirstCall/ -- Synopsys, Inc. , a world leader in software and IP for semiconductor design and manufacturing, today announced it has acquired the Analog Business Group of MIPS Technologies, Inc. for $22 million in cash. The acquisition expands Synopsys' DesignWare® intellectual property (IP) portfolio with a new family of analog IP such as Analog-to-Digital Converters, Digital-to-Analog Converters, Audio Codecs and Power Management. It will also add HDMI TX and RX protocols to Synopsys' existing interface IP solution.