Product category: Design and Development Software
News Release from: Cadence Design Systems
Edited by the Electronicstalk Editorial Team on 29 April 2002
Cadence to acquire Simplex Solutions
Cadence Design Systems has signed a definitive merger agreement to acquire Simplex Solutions.
Cadence Design Systems has signed a definitive merger agreement to acquire Simplex Solutions Under the terms of the agreement, Cadence will acquire Simplex in a tax-free, stock-for-stock merger with an equity value of approximately $300 million, or $18 per share of Simplex common stock, at the time of announcement
This article was originally published on Electronicstalk on 20 Nov 2001 at 8.00am (UK)
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