---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-131535"
form_type: "8-K"
ticker: "SNPS"
cik: "0000883241"
company_name: "SYNOPSYS INC"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:42:04.235397+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Synopsys to sell Software Integrity business to Clearlake/Francisco Partners for up to $2.1B

## Summary
- Total consideration up to $2.1B: $1.5B at closing; $125M deferred over 5 quarters; up to $475M earnout tied to liquidity event rate of return.
- Transaction expected to close in H2 2024, subject to regulatory approvals and customary conditions.
- Business to become independent private company; existing management team to lead post-close.
- Synopsys says divestiture sharpens focus on core design automation, design IP, and silicon-to-systems strategy.
- Deal unanimously approved by Synopsys Board of Directors.

## SEC filing metadata
- accession: 0001193125-24-131535
- form_type: 8-K
- ticker: SNPS
- cik: 0000883241
- company_name: SYNOPSYS INC
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883241/000119312524131535/0001193125-24-131535-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883241/000119312524131535/d823729d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-131535
- JSON: https://secwatch.observer/filing/0001193125-24-131535.json
- Plain text: https://secwatch.observer/filing/0001193125-24-131535.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.