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Friday, March 21, 2008

EDA buy up

Seems like Cadence and Synopsys are buying every little fish they can get their jaws around.

From Synopsys' point of view it looks like $227M is a good price for a company that posted net income of $3M in 2006, followed by $13M in 2007 with only a %14 increase in revenue. It must be more than the money...or at least the money in these little factoids.

EETimes.com - Synopsys to pay $227M for Synplicity

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