Nasdaq-listed chip design company Synopsys has acquired the assets of US-based Synfora, which makes software tools for semiconductors.
No financial terms were disclosed but blog site DeepChip.com said the deal was expected to be less than $10m when rumours surfaced earlier this year. Synfora has raised between $16m and $27m from technology company Xilinx, computer maker Hewlett-Packard (HP Labs span Synfora out initially) and venture capital firms ATA Ventures, Foundation Capital, Wafra Partners and US Venture Partners, according to news providers PEHub and VentureWire.