Synopsys, Inc. (NASDAQ: SNPS) is to acquire QTronic GmbH, a German provider of simulation, test tools, and services for automotive software and systems development.
The amount of the deal – subject to customary closing conditions, including certain foreign regulatory filings – was not disclosed.
It is expected to close in Synopsys’ fourth quarter of fiscal year 2019.
When completed, the acquisition will broaden Synopsys’ product portfolio of automotive solutions serving the needs of automotive Tier 1 and OEM companies and add a team of experienced engineers to accelerate technology development and customer deployment.
QTronic simulation and test tools will accelerate Synopsys delivery of a comprehensive automotive virtual prototyping solution for system and software development throughout the automotive electronic supply chain.
Established 2006, QTronic is a provider of tools for virtual validation of automotive software. Its flagship products include Silver, a virtual ECU platform that transfers development tasks from road and test rigs to Microsoft Windows PC, and TestWeaver, an intelligent test automation solution with test case generator, requiring minimal specification.
FinSMEs
07/08/2019