A private equity consortium led by Clearlake Capital Group, L.P. and Francisco Partners Management, L.P. is in advanced talks to acquire the software integrity (SIG) unit of chip designer Synopsys, Inc. (NasdaqGS:SNPS), for more than $2 billion, according to people familiar with the matter. Clearlake and Francisco Partners prevailed over other buyout firms that were vying for the business, the sources said. If the talks conclude successfully, a deal could be announced as early as next week, the sources added, requesting anonymity because the discussions are confidential.

Synopsys and Francisco Partners did not immediately respond to requests for comment. Clearlake declined to comment.