Avant! Corporation

Description

Avant! Corporation was an electronic design automation software company that spent its life in litigation with Cadence over the theft of code. This eventually was proven to be true. However, during its life, Avant! managed to roll-up many smaller EDA companies.

Avant! concentrated on the back-end of the flow including physical design, parasitic extraction, verification, flow development, and library development services.

• HQ: Fremont, CA, USA
• Other names: Avanti
• Type: Company

ACQUISITION:

• Avant! Corporation acquired Frontline Design Automation, Inc. in 1998, valued at more than $70 million.
• Avant! Corporation acquired ArcSys Inc. in 1995.
• Avant! Corporation acquired Integrated Silicon Systems, Inc. in 1995 for $290M in stock.
• Avant! Corporation acquired Anagram Inc. in 1996 for 2.41M shares or about $67.6M.
• Avant! Corporation acquired Meta-Software Inc. in 1996 for a maximum of 5,079,365 shares of Avant! common stock.
• Avant! Corporation acquired Technology Modeling Associates Inc. in 1997 for about $150m in stock.
• Avant! Corporation acquired Nexsyn Design Technology Inc in 1995.
• Avant! Corporation acquired Datalink Far East, Ltd in 1997
• Avant! Corporation acquired Compass Design Automation in 1997.
• Avant! Corporation acquired interHDL in 1998.
• Avant! Corporation acquired ACEO Technology in 1998.
• Avant! Corporation acquired Chrysalis Symbolic Design, Inc. in 1999.
• Avant! Corporation acquired Xynetix Design Systems in 1999.
• Avant! Corporation acquired Analogy Inc. in 2000 for $24M stock swap.

ACQUIRED BY:

• Synopsys acquired Avant! Corporation in 2002. The total merger consideration was approximately $1 billion.