Transactions
May 21, 2002
CADENCE DESIGN WILL BUY SIMPLEX FOR $300 MILLION
Cadence Design Systems Inc. has agreed to acquire Simplex Solutions Inc. The stock deal, announced April 24, is worth $300 million. San Jose's Cadence produces and sells electronic design automation software, which is used to design semiconductors, computer systems, networking equipment and electronic systems used in mobile telephones.




San Jose's Cadence produces and sells electronic design automation software, which is used to design semiconductors, computer systems, networking equipment and electronic systems used in mobile telephones.
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