Synopsys, a world leader in software and IP for semiconductor design, verification and manufacturing, has acquired Optical Research Associates (ORA®), a privately held provider of optical design software and optical engineering services. The terms of the deal, which closed 7 October, are not being disclosed.
The addition of ORA's expertise, technology and products will allow Synopsys to move into the rapidly growing markets associated with displays and solid-state lighting using light emitting diodes (LEDs), as well as expand into markets such as semiconductor lithography equipment and cameras.
This acquisition represents Synopsys' initial move into this space and aligns with the company's strategy to expand its total addressable market into areas that are naturally adjacent to traditional electronic design automation (EDA).
ORA's CODE V® and LightTools® software products allow engineers to design and optimize the optical components and systems found in products such as cameras, telescopes, semiconductor lithography equipment, projectors, laptop displays, automotive lighting, and solid-state lighting using LEDs.
Synopsys press release