Deals
Synopsys Kicks Off Sale of $3 Billion-Plus SIG Unit
- Chip designer is working with adviser to gauge interest
- SIG unit likely to attract interest from private equity firms
Synopsys headquarters in Mountain View, California
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Synopsys Inc. is preparing to kick off the sale of its software integrity business, which could be valued at $3 billion or more, people with knowledge of the matter said.
The California-based chip designer is working with an adviser to gauge buyer interest in the division, known as SIG, according to the people. The unit is likely to attract private equity firms, they said.