Hogan Lovells advises Synopsys in its acquisition of certain IP assets of Invecas, Inc.
Silicon Valley, 7 January 2020 – International law firm Hogan Lovells has advised Synopsys, Inc., a global company in software and IP for semiconductor design and manufacturing, in connection with its entry into an agreement to acquire certain IP assets from Invecas, Inc.
The transaction, which is expected to close in the first half of Synopsys’ fiscal 2020, is subject to normal closing conditions and is not material to Synopsys’ financials. Terms are not being disclosed.
This acquisition will broaden Synopsys’ DesignWare® Logic Library, General Purpose I/O, Embedded Memory, Interface and Analog IP portfolio. The acquisition will also add a team of experienced R&D engineers to accelerate Synopsys’s physical IP roadmap across a range of process technologies to address customers’ evolving design requirements in markets such as consumer, IoT and automotive.
The Hogan Lovells team was led by a Silicon Valley and San Francisco based team, including Nathaniel Gallon, Richard Climan, John Brockland, Evan Orman, Max Scott and Shannon Kimball.
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