What Happened?
Synopsys(NASDAQ: SNPS) announced that it acquired VaST Systems Technology Corporation. The terms of the acquisition, which closed February 1st, were not disclosed.
VDC’s View
A report that we coincidentally released this morning, Virtual System Prototyping/Simulation Tools for Software Development & Verification – A Market Update, shows that a combined Synopsys-VaST would garner the leading share of revenue in the virtual platform market.
Our research also appears to confirm Sysnopsys’ claim that the acquisition of VaST provides them with access to industries, namely automotive, where there was little overlap with the existing revenue streams of Synopsys’ Innovator product line. Much of this difference had been driven by the functionality of the two companies’ solutions - Synopsys’ Innovater which provides faster simulation, better suited for the mobile market; and Vast’s METeor/CoMET which provides more cycle accurate simulation, which is more attractive to safety-critical markets such as automotive.
The factor that holds the most potential in affecting the future of the VSPS market is whether Synopsys can maintain and/or expand the customer accounts and relationships that they are inheriting from VaST. In the mean time, we are sure that Virtutech and especially CoWare are looking to capitalize on any uncertainty in the market.
VDC intends to comment further on this acquisition, so stay tuned…
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