Synopsys Completes Acquisition of Simpleware

MOUNTAIN VIEW, Calif., May 17, 2016 -- Synopsys, Inc. (Nasdaq:SNPS) today announced it has completed its acquisition of Simpleware Ltd., a privately held, leading provider of software products for the conversion of 3D scan data into high-quality computer models used for engineering design and simulation. The Simpleware products address a wide range of product design and data analysis applications in the life sciences, consumer products, aerospace, automotive, defense, oil and gas industries. The terms of the deal, which are not material to Synopsys financials, are not being disclosed.

About Synopsys

Synopsys, Inc. (Nasdaq:SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 16th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software quality and security solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest quality and security, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.