The Week In Review: Design

Synopsys inked a deal to acquire Coverity, a San Francisco-based security startup that builds tools to test source code for defects and security risks, for $375 million. The purchase price is $350 million plus another $25 million in debt. The deal is expected to close in Synopsys’ fiscal Q2. The company announced its financial results for fiscal Q1 ended Jan. 31, as well. Revenue was $479.0 m... » read more