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Synopsys to Acquire QTronic to Accelerate Vehicle Systems, Software Development
Tuesday 13 August 2019

13 August 2019 - California, US-based software company Synopsys, Inc. (NASDAQ: SNPS) has agreed to acquire Germany based QTronic GmbH, a leader in simulation, test tools and services for automotive software and systems development, the company said.
The terms of the deal, which is not material to Synopsys financials, are not being disclosed.
When completed, the acquisition will broaden Synopsys' product portfolio of automotive solutions serving the needs of automotive Tier 1 and OEM companies and add a team of highly experienced engineers to accelerate technology development and customer deployment.
QTronic GmbH is a provider of tools for virtual validation of automotive software.
Flagship products include Silver, a virtual ECU platform that transfers development tasks from road and test rigs to Microsoft Windows PC, and TestWeaver, an intelligent test automation solution with powerful test case generator, requiring minimal specification.
Synopsys, Inc. is the Silicon to Software partner for innovative companies developing electronic products and software applications.
Details
Date Published: 13/08/2019
Target: QTronic,  GmbH
Country: Germany
Sector: Motor Vehicles
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Synopsys, Inc
Comment:
Terms of the deal were not disclosed

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