Synopsys, a leading technology company, has recently made a significant acquisition by acquiring Imperas, an 18-year-old software tools developer based in Thame. Although there has been no official announcement of the deal, visitors to Imperas' website are greeted with the message "Imperas is now part of Synopsys," confirming the acquisition.
The acquisition process was finalized on December 12th, which coincided with the resignation of Imperas' two directors, Simon Davidmann and James Kenney. According to a Companies' House filing for December 31, 2022, Davidmann was the owner of a substantial portion of the shares, estimated to be between 25% and 50%.
Interestingly, the filing did not include a trading statement. However, it did reveal that as of December 31, 2022, Imperas had £3.4 million in cash and liabilities amounting to £823,000. This financial information provides insight into the company's financial standing at the time of the acquisition.
The acquisition of Imperas by Synopsys marks a significant milestone for both companies. Synopsys, known for its expertise in electronic design automation and semiconductor IP, will now have access to Imperas' software tools, which are widely recognized for their innovation and quality. This acquisition is expected to enhance Synopsys' capabilities and strengthen its position in the market.
Furthermore, the acquisition opens up new opportunities for Imperas. As part of Synopsys, Imperas will have access to greater resources and a larger customer base, enabling them to further develop and expand their software tools. This partnership has the potential to drive innovation and deliver even more advanced solutions to the industry.