Synopsys Inc, Mountain View, California is to acquire Logic Modeling Corp, Beaverton, Oregon for 2.6m new Synopsis shares, valuing the latter at an indicated $110.5m. Logic Modeling is already a combination of Logic Modeling Systems Inc and Logic Automation Inc, and had intended to go public rather than be snapped up by a complementary vendor – it filed for an initial public offering at the end of November (CI No 2,306). Logic Modeling will now operate as a differentiated business unit headquartered in Beaverton. Synopsys develops high-level chip design automation software and Logic Modeling develops simulation models and modelling code for the verification of electronic designs once they have been designed with Synopsys’ software.
