Synopsys to acquire VC-backed Black Duck for about $565 mln

Synopsys Inc has agreed to acquire Burlington, Massachusetts-based Black Duck Software, a provider of automated solutions for securing and managing open source software, for about $565 million. The deal is expected to close in December 2017. Barclays was financial adviser to Black Duck on the transaction. Black Duck's investors included Siemens Venture Capital and General Catalyst Venture Partners.

3 November 2017•4 mins read
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