Chip design software house Avant! Corp said Friday it will acquire Analogy Inc, which provides mixed-signal and mixed- technology simulation, analysis and design services. Fremont, California-based Avant! will hand over $24m for all of the outstanding shares of Analogy. That works out to roughly $2.48 per share, a 33% premium over Analogy’s Thursday closing price of $1.875.
Analogy’s products are used in the aerospace, automotive/transportation, semiconductor, communications, computer peripherals, medical and industrial control industries. Avant! says the acquisition enables it to offer customers a one- stop shop for the design, analysis, and simulation of chips, packages, boards and entire electro-mechanical components and systems. Analogy’s Saber simulation and analysis technology will be integrated into Avant!’s SinglePass offering for systems-on-a- chip and ASIC designs.
