CIMdata PLM Industry Summary Online Archive
23 June 2004
Company News
Synopsys Invests in HPL Technologies, Inc.
HPL Technologies, Inc. announced that Synopsys has acquired 6,239,128 outstanding shares, or 19.9%, of its stock. Synopsys acquired the shares in a private transaction from a third party.
"We are excited to have Synopsys as our largest individual investor", said Cary Vandenberg, president and CEO of HPL Technologies.
HPL is a provider of yield optimization software solutions that enable semiconductor companies and flat panel display (FPD) industry to enhance the efficiency of their production process, which consists of design, fabrication and test. The Company's products include a flexible software platform that allow its customers to accelerate the process in which they identify, measure and correct sources of failure in the production process. For more information, please visit http://www.hpl.com
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