Synopsys Completes Acquisition of QTronic
It’s done – let’s get started.
Synopsys Inc. today announced it has completed its acquisition of QTronic GmbH, a leader in simulation, test tools, and services for automotive software and systems development headquartered in Germany.
For more details, see the press release issued by Synopsys on October 2, 2019.
Our new owner is a leading software provider of the chip industry, with a revenue of 3.121 billion USD (2018). The new constellation will provide QTronic – a much smaller company – with the stability required by our customers to further invest in the QTronic tool chain.
Moreover, QTronic will get access to the global sales force and distribution network of Synopsys, with offices in all automotive hotspots of the world. This is expected to significantly speed up the distribution of QTronic’s solution for virtual validation of automotive software.