Press Release August 15, 2012

Goodwin Procter Representing SpringSoft in Planned $406 Million Acquisition by Synopsys

A team of Goodwin Procter attorneys is advising Taiwanese software developer SpringSoft in its planned acquisition by Synopsys, Inc.

A definitive agreement announced Aug. 3 calls for Synopsys to acquire all of the outstanding shares of SpringSoft pursuant to a tender offer made by Synopsys Taiwan, and any remaining shares pursuant to a follow-on merger. With a gross value of approximately $406 million, the transaction is expected to close in the first quarter of fiscal 2013, subject to related shareholder and regulatory approvals in Taiwan and other customary closing conditions.

After the closing, SpringSoft will become part of Synopsys and SpringSoft’s stock will cease trading. SpringSoft is a global supplier of technology that helps engineers develop complex integrated circuit design. Synopsys is a world leader in electronic design automation, providing semiconductor makers with design, verification and manufacturing services and software.

The Goodwin team advising SpringSoft in the transaction includes Caine Moss, Kathy Fields, Brian McPeake, Janet Andolina, Lynda GalliganRobert Crawford, Jr. and Todd Hahn.

“We are thrilled to have been a part of this unique, cross-border, public to public acquisition,” said Caine Moss, lead partner on the deal. “In this transaction, we were able to leverage our broad expertise in M&A transaction structuring and execution as well as in tax, employee benefits and regulatory matters.”