Synopsys Acquires Ai-Powered, Real-Time Performance Optimization Leader Concertio
Acquiring Company
Synopsys
Acquired Company
Concertio
SunnyvaleInformation TechnologyHardwareSoftwarePrivacy And SecuritySecurityinformation technology & servicesDescription
To enrich its silicon lifecycle management solution with real-time, in-field optimization technologies, Synopsys, Inc. (NASDAQ: SNPS) today announced that it has acquired Concertio Inc., the leading provider of AI-powered performance optimization software. The acquisition is another step in the continued enhancement of the Synopsys SiliconMAXTM Silicon Lifecycle Management (SLM) Platform. The terms of the deal, which are not material to Synopsys or its financials, are not being disclosed.
Quick answer
Synopsys is acquiring Concertio, announced November 1, 2021. Synopsys is based in Sunnyvale, California, United States.
- How much did Synopsys pay for Concertio?
- The deal value was not disclosed.
- What does Synopsys do?
- Synopsys, Inc. (NASDAQ: SNPS) is the Silicon to SoftwareTM partner for innovative companies developing the electronic products and software applications we rely on every day.
- Where are Synopsys and Concertio based?
- Synopsys is based in Sunnyvale, California, United States.
- Who are the decision-makers at Synopsys?
- Fundz holds 3 contacts at Synopsys. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Concertio?
Concertio was acquired by Synopsys, based in Sunnyvale. The deal was reported on November 1, 2021. Synopsys, Inc. (NASDAQ: SNPS) is the Silicon to SoftwareTM partner for innovative companies developing the electronic products and software applications we rely on every day. Synopsys is publicly traded (SNPS) and operates in Information Technology.
When did Synopsys acquire Concertio?
Synopsys's acquisition of Concertio was reported on November 1, 2021. To enrich its silicon lifecycle management solution with real-time, in-field optimization technologies, Synopsys, Inc. (NASDAQ: SNPS) today announced that it has acquired Concertio Inc., the leading provider of AI-powered performance optimization software. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Concertio do?
Concertio is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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