BRIEF-Synopsys Enters Definitive Agreement To Sell Its Software Integrity Business To Clearlake Capital And Francisco Partners

Reuters05-06

May 6 (Reuters) - Synopsys Inc :

* SYNOPSYS ENTERS DEFINITIVE AGREEMENT TO SELL ITS SOFTWARE INTEGRITY BUSINESS TO CLEARLAKE CAPITAL AND FRANCISCO PARTNERS

* SYNOPSYS INC: TRANSACTION, VALUED AT UP TO $2.1 BILLION

* SYNOPSYS INC: EXISTING SOFTWARE INTEGRITY GROUP MANAGEMENT TEAM IS EXPECTED TO LEAD NEWLY INDEPENDENT, PRIVATELY HELD COMPANY AFTER TRANSACTION CLOSES

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