Francisco Partners’ Post

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Today, we announced we have entered into a definitive agreement to acquire the Software Integrity Business assets from Synopsys Inc, a leading provider of trusted and comprehensive silicon to systems design solutions. With a total value of up to $2.1 billion, this joint investment alongside Clearlake Capital Group will establish the Software Integrity Group as an independent application security testing software provider. The new standalone company will provide integrated software solutions that transform the way development teams build and deliver software, accelerating innovation while addressing business risk and allowing organizations to build the security program that is best for them.   "We are excited to partner with Synopsys to complete the carve-out of its Software Integrity Group, a leading provider of application security testing solutions," said Dipanjan Deb, Co-Founder and CEO of Francisco Partners. "Francisco Partners has a long history of working with leading technology companies to carve-out divisions and business units that can benefit from greater focus and flexibility as standalone entities, and where our Francisco Partners Consulting operating team can bring resources and expertise to help accelerate growth.”   Read more about our investment here: https://lnkd.in/eEX6Xa5G

Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

Synopsys Enters Definitive Agreement to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

prnewswire.com

What about synopsis Inc employees. Do you continue with them and their knowledge so that customers can't get disturb

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Congratulations! #MergerLinks #Software

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Linda Schairer

Customer services retail

5mo

They will eat you up and leave pieces. All they want us the data careless about the employees

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Tomasz Wilczynski

CISO | Cybersecurity Advisor & Leader

4mo

Looking forward to see the outcomes of the new setup!

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Brendan Breen

Partner @ Impacts Capital | Primary & Secondary VC

5mo

Kevin Wei congrats to you and FP on the portfolio addition of yet another promising deal :)

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Congrats to the FPC and Clearlake teams.

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Phillip Rucker

Director/VP of IT Infrastructure | Cloud & Infrastructure Strategy | IT Operations Leadership | Security

5mo

Awesome news! Congrats!

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Aris Zikopoulos

Co-Founder @ Hack The Box

5mo

Exciting times!

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