Cadence Design Systems, a leading provider of global electronic design innovation, acquires Jasper Design Automation, a leading provider of formal analysis solutions, to enhance its verification capabilities. Find out how this will impact Cadence customers.
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recently acquired Jasper Design Automation, Inc. , a leading provider of formal analysis solutions, for approximately $170 million in cash (about $140 million excluding Jasper’s cash on hand). Customers use Cadence electronic design automation (EDA) software, hardware, IP, and services to design and verify advanced semiconductors/integrated circuits, consumer electronics, networking and telecommunications equipment, and computer systems. On the electronic design side, Jasper is a market and