secwatch.observer — SEC 8-K summary
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Issuer:     SYNOPSYS INC (SNPS)
CIK:        0000883241
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001193125-24-230216
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Synopsys completes sale of Software Integrity unit to Clearlake and Francisco Partners
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- Sale completed on Sept 30, 2024; buyers are entities controlled by Clearlake Capital and Francisco Partners.
- Software Integrity business divested; Synopsys refocuses on core EDA and semiconductor IP.
- Financial terms of the transaction were not disclosed in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/883241/000119312524230216/0001193125-24-230216-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/883241/000119312524230216/d883834d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-230216

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer