A team of CRA economists advised counsel to Synopsys, Inc. in its acquisition of Magma Design Automation Inc., a provider of chip design software. Both firms provide electronic design automation used by semiconductor designers and are the leading producers in several software categories. CRA’s team advised Synopsys throughout a review by the FTC. CRA economists analyzed previous mergers in this industry and found no evidence that, in similar mergers, the combined firms were able to exercise pricing power. The CRA team’s analysis also revealed a long history of new product entry in the market segments of Magma’s primary products, mitigating any competitive concerns the FTC may have had.
CRA engagements win in 2024 GCR Awards
The high-profile acquisition of Activision by Microsoft, which CRA Competition’s teams advised on was named overall Matter of the Year, as well as Matter of...