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Synopsys agrees to sell its Software Integrity Group business to a private equity consortium led by Clearlake and Francisco Partners, in a deal valued at $2.1B

Reuters

Discussion

  • @synopsysappsec @synopsysappsec on x
    Today, Synopsys announced an agreement to sell the Software Integrity Group. We're excited to team up with Clearlake Capital and Francisco Partners to continue growing this business as an independent, world-class software security provider and to help our customers build trust in…
  • @iancutress @iancutress on x
    Synopsys is divesting @SynopsysAppsec in a deal valuing the new company at $2.1 billion. Transaction includes $475m in cash from Clearlake Capital and Francisco Partners - SIG's product offering will leverage Clearlake's frameworks for operational enhancements. Close in 2H24.
  • @synopsys @synopsys on x
    Today, Synopsys announced an agreement with Clearlake Capital and Francisco Partners for the sale of its Software Integrity Group. Read the announcement: https://news.synopsys.com/... [image]