Knowledge Center

Description:

In 1991 Viewlogic went public on NASDAQ, offering 3,500,000 shares at $13 a share. After being acquired by Synopsys in 1997, Viewlogic management in 1998 bought out the PCB/Systems unit, reestablishing Viewlogic as a private company. IC design software remained with Synopsys. Synopsys retained a minority 14.9% stake. In 2000 Viewlogic and Summit Design merged to form Innoveda.

• Founded by: Will Herman in 1984
• Founded by: Alain J. Hanover in 1984
• Founded by: Salvatore Carcia in 1984
• Founded by: Ron Maxwell in 1984
• Founded by: Kannankote Sriram in 1984
• HQ: Marlborough, MA, USA
• Other names: Viewlogic Systems, Viewlogic
• Entity Type: Company

Founding:

• Viewlogic Systems, Inc. founded Transcendent Design Technology, Inc. in 1998

Acquisition:

• Viewlogic Systems, Inc. acquired Transcendent Design Technology, Inc. in 1999
• Viewlogic Systems, Inc. acquired Viewlogic PCB/Systems Unit in 1998
  • A management-led buyout worth $58.75 million of the PCB/Systems unit that Synopsys acquired in the merger with Viewlogic. Viewlogic was reestablished as a private company. Synopsys retained a minority 14.9% stake.
• Viewlogic Systems, Inc. acquired Eagle Design Automation in 1997
  • Approximately $6.1 million in cash (Viewlogic already owned 20% of Eagle)
• Viewlogic Systems, Inc. acquired Benelux B.V in 1996
  • $900,000 cash.
• Viewlogic Systems, Inc. acquired Silerity Inc in 1995
  • $5.6M
• Viewlogic Systems, Inc. acquired Sunrise Test Systems, Inc. in 1994
  • Viewlogic acquired Sunrise for $18 million in cash and stock options (Viewlogic already owned 10% of Sunrise).
• Viewlogic Systems, Inc. acquired Chronologic Simulation in 1994
  • $26.5 million in stock
• Viewlogic Systems, Inc. acquired Quad Design Technology, Inc. in 1993
  • 872,700 Viewlogic shares, deal valued at about $14.6 million
• Viewlogic Systems, Inc. acquired Racal Redac SilcSyn in 1993
• Viewlogic Systems, Inc. acquired Vantage Analysis Systems, Inc. in 1992
  • 1.8 million shares of Viewlogic stock valued at more than $30 million

Acquired by:

• Synopsys, Inc. acquired Viewlogic Systems, Inc. in 1997
  • Viewlogic merged with Synopsys in a stock trade valued at $497 million.