Results
Springsoft acquires Certess
March 24 2009
SpringSoft, Inc. (TAIEX: 2473), a global supplier of specialized IC design software, announced that it has completed the acquisition of Certess, Inc., creators of the CertitudeTM Functional Qualification solution.
The acquisition, announced last month, resulted in SpringSoft purchasing all outstanding shares of Certess, and the transaction has received necessary shareholder and regulatory approvals. Certess is now a wholly owned subsidiary of SpringSoft USA, Inc. and its operations have been integrated with SpringSoft's global development, sales, support and marketing functions. Certess products have been added to SpringSoft's NovasTM family of verification enhancement solutions.
The acquisition adds approximately 20 people to SpringSoft, primarily in France and the United States. The former Certess R&D operation in France now reports to Yu-Chin Hsu, Vice President of Logic Verification R&D. The existing Certess field sales and support personnel have been folded into the SpringSoft global channel under Bill Shepard, Vice President of Sales.
Back to top
