Synopsys Buys ArchPro

Synopsys Inc. (Nasdaq: SNPS) has acquired ArchPro Design Automation Inc., a Milpitas, Calif.-based provider of EDA solutions for power management design challenges in multi- voltage designs. No financial terms were disclosed. ArchPro had raised over $5 million in VC funding from firms like Intel Capital, Entrepia Ventures and Sage Technology Ventures.