Global private equity companies Francisco Partners and Clearlake are well known for their growth and investments in software platforms.

$475 million in cash is included in the deal, which has a maximum value of $2.1 billion. The cash amount is subject to the private equity companies meeting certain return rates from future liquidity events. Through this acquisition, the Software Integrity Group will be able to continue operating as a stand-alone provider of application security testing software, with an emphasis on growing its presence in the rapidly developing software security industry.

focuses on the intersection of systems engineering and silicon, especially in AI-driven technological contexts. They have made major contributions to software security solutions and integrated circuit fabrication.

makes investments in software and technological platforms, using its unique O.P.S.® framework to improve operational performance and propel significant development in the businesses that make up its portfolio.

a well-known private equity firm with a concentration on technology investments, especially in the divisionalization of bigger organizations into strong, independent businesses.

Under the new leadership, the Software Integrity Group wants to keep developing application security testing solutions and incorporating them into DevOps processes to improve software quality and compliance, therefore tackling critical cybersecurity issues.

Synopsys plans to strategically divest in order to focus more on its core businesses, which are predicted to develop significantly as a result of technical advancements and artificial intelligence. The deal also highlights how crucial specialist security solutions are becoming to software development.

"Clearlake and Francisco Partners have a strong track record of success investing in growing software platforms and are ideal partners to continue growing this business as an independent, world-class software security provider," stated Sassine Ghazi, president and CEO of Synopsys.

"We are excited to partner with Synopsys to complete the carve-out of its Software Integrity Group, a leading provider of application security testing solutions," stated Dipanjan "DJ" Deb, co-founder and CEO of Francisco Partners.

Behdad Eghbali, co-founder and managing partner of Clearlake, stated, "We believe the demand and importance of application security testing providers will continue to rise as security becomes more embedded in DevOps workflows."