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Mergers & Acquisitions

Mar. 16, 2004

Synopsys Buys $432 Million Monolithic

Electronic design automation company Synopsys Inc. has agreed to buy Monolithic System Technology Inc. for $432 million in cash and stock.

By Toni Vranjes
        Electronic design automation company Synopsys Inc. has agreed to buy Monolithic System Technology Inc. for $432 million in cash and stock.
        Through the acquisition, Synopsys plans to enhance its position in a highly competitive industry, the company's attorney says.
       &nbs...

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