On October 17, 2017, Sidense Corporation was acquired in a private transaction by Synopsys, Inc. (Nasdaq:SNPS). The acquisition adds to Synopsys’ DesignWare NVM IP portfolio by offering Sidense’s one-time programmable non-volatile memory for automotive, mobile, industrial and Internet of Things (IoT) applications.
Fasken Martineau advised Sidense with a team lead by Virginia Schweitzer (M&A), Robert Chapman (M&A), Judith Parisien (employment), Mitch Thaw (tax), and Murray Braithwaite (research).