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MathWorks acquisition of PolySpace, April 2007

MathWorks acquired PolySpace for an undisclosed sum in April 2007. PolySpace became a subsidiary of MathWorks and has some of its functionality integrated into other MathWorks products.

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Acquisition

Acquisition attributes

Acquired Company
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PolySpace
Acquirer
MathWorks
MathWorks
Date Announced
April 25, 2007
Broker
JPMorgan Chase
JPMorgan Chase

On April 25, 2007, The Mathworks Inc., developer of technical computing and model-based design software, announced it has acquired PolySpace Technologies, provider of embedded software tools for the automatic detection of run-time errors at compile time. No financial details were released.

A first step occurred early April when PolySpace Technologies and The Mathworks announced they had collaborated to offer an integration link between Simulink and PolySpace's solutions. In the meantime, PolySpace joined the MathWorks Connections Program. Partners then explained the new link would enable embedded software developers to analyze code generated from Simulink and automatically detect design errors such as poor scaling choices, dictionary inconsistencies and other design issues in the model.

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