NOTE: This analysis of the Synopsys-Springsoft acquisition is a preview of a more detailed EE Daily News Strategic Insight Report to be published in the coming weeks. The Corporate Counsel will advise on employee relations matters and assist with employment litigation. working time, holiday pay, Works Councils, mergers and acquisitions, terminations and redundancies. It would appear that Springsoft's owners are also looking for a 10-year exit, about the limit for VCs everywhere. Synopsys is expanding its Employment Law Team in Europe/Middle East/Africa (EMEA) and is lookingSee this and similar jobs on LinkedIn. Springsoft's growth, normalized to their national currency, has been ~4% per annum. Some of the steep rise of the Springsoft revenue curve above is due to the rising value of the New Taiwan dollar to the U.S. A comparison of other recent ~US$300M priced EDA acquisitions over the last few years, such as Cadence-Denali, Synopsys-Virage, and ANSYS-Apache, makes it appear that Synopsys got a steal with Springsoft. In February, Synopsys completed their US$507M acquisition of Magma. Among other key ratings, Synopsys stock earns an 81 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 81 of all stocks. 1 Synopsys acquired Concertio, a maker of AI-powered performance-optimization software, for an undisclosed sum. After sitting on its cash for some time, Synopysys' latest spending spree brings their total to nearly US$1B of acquisitions in the last nine months. Synopsys Stock Gains Partly On Expansion Via Acquisitions.
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