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Product category: Design and Development Software
News Release from: Synplicity
Edited by the Electronicstalk Editorial Team on 05 July 2002
Synplicity completes acquisitions from
IOTA
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Synplicity has completed its acquisition of key products and technology from IOTA Technology.
Synplicity has completed its acquisition of key products and technology from IOTA Technology Synplicity reached a definitive agreement with IOTA Technology for the acquisition of the products and technology on 5th June 2002, and has now completed the acquisition through the payment of $4,100,000 in cash and issuance of 300,000 shares of common stock of Synplicity, for a total purchase price of approximately $5.5 million