Sigrity, Inc.


Company Name:
Sigrity, Inc. 
Sector:
Software & Services 
Transaction Type:
Merger/Acquisition/Advisory 
Ticker Symbol:
N/A 
Deal Amount:
$80M
Transaction Date:
7/2/2012 
Transaction Summary:
Sigrity, Inc., a leading signal and power integrity technology provider, completed its previously announced sale to Cadence Design Systems, Inc. (NASDAQ: CDNS), a leader in global electronic design innovation. Sigrity provides a rich set of gigabit signal and power network analysis technologies, including a unique power-aware signal integrity analysis capability for system, printed circuit board (PCB), and IC package designs. The integrated solution will particularly benefit customers delivering electronic systems in high-growth markets such as mobile multimedia devices and cloud computing infrastructure. The acquisition of Sigrity was completed at a purchase price of approximately $80 million. The combination of Sigrity analysis technologies with Cadence Allegro┬« and OrCAD┬« design tools will provide a comprehensive front-to-back integrated flow to enable system and semiconductor companies to deliver high-performance devices employing gigabit interface protocols such as DDR and PCI Express. The integrated solution will particularly benefit customers delivering electronic systems in high-growth markets such as mobile multimedia devices and cloud computing infrastructure. Needham & Company served as a financial advisor to Sigrity on this transaction.  
Company Description:
Sigrity, Inc., a leading signal and power integrity technology provider. Sigrity provides a rich set of gigabit signal and power network analysis technologies, including a unique power-aware signal integrity analysis capability for system, printed circuit board (PCB), and IC package designs.  
Investment Banking