Tech Company M&A Transactions

Coverity Acquisition

Coverity was acquired by Synopsys. The transaction was announced on 2/20/2014. Purchase price was estimated to be $350 million.

Transaction Overview

Company Name
Acquired By
Announced On
2/20/2014
Transaction Type
M&A
Amount
$350,000,000
M&A Terms
Synopsys will pay approximately $375 million, or $350 million net of cash acquired. In addition, Synopsys will assume certain unvested stock options of Coverity employees. The transaction will be funded by Synopsys with a combination of U.S. cash and debt.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
185 Berry St. 6500
San Francisco, CA 94107
USA
Email Address
Overview
Coverity's groundbreaking technology enables developers to control complexity in the development process by automatically finding and helping to repair critical software defects and security vulnerabilities early in the application lifecycle.
Profile
Coverity LinkedIn Company Profile
Social Media
Coverity Company Twitter Account
Company News
Coverity News
Facebook
Coverity on Facebook
YouTube
Coverity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anthony Bettencourt
  Anthony Bettencourt LinkedIn Profile  Anthony Bettencourt Twitter Account  Anthony Bettencourt News  Anthony Bettencourt on Facebook
Chief Financial Officer
John Calonico
  John Calonico LinkedIn Profile  John Calonico Twitter Account  John Calonico News  John Calonico on Facebook
Chief Technical Officer
Andy Chou
  Andy Chou LinkedIn Profile  Andy Chou Twitter Account  Andy Chou News  Andy Chou on Facebook
VP - Customer Service
Sunil Nagdev
  Sunil Nagdev LinkedIn Profile  Sunil Nagdev Twitter Account  Sunil Nagdev News  Sunil Nagdev on Facebook
VP - Human Resources
Carol MacKinlay
  Carol MacKinlay LinkedIn Profile  Carol MacKinlay Twitter Account  Carol MacKinlay News  Carol MacKinlay on Facebook
VP - Marketing
Jennifer Johnson
  Jennifer Johnson LinkedIn Profile  Jennifer Johnson Twitter Account  Jennifer Johnson News  Jennifer Johnson on Facebook
VP - R & D
Andreas Kuehlmann
  Andreas Kuehlmann LinkedIn Profile  Andreas Kuehlmann Twitter Account  Andreas Kuehlmann News  Andreas Kuehlmann on Facebook


 

 

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Where The Data Comes From

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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