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Synopsys to Sell Software Integrity to Clearlake, Francisco Partners
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Synopsys to Sell Software Integrity to Clearlake, Francisco Partners
May 6, 2024 6:34 AM

09:10 AM EDT, 05/06/2024 (MT Newswires) -- Synopsys ( SNPS ) said Monday it has agreed to sell its Software Integrity Group business to Clearlake Capital Group and Francisco Partners in a deal with a total value of up to $2.1 billion, including up to $475 million in cash payable upon Francisco Partners and Clearlake achieving a specified rate of return in connection with one or more liquidity transactions.

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