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Synopsys Inc. (NASDAQ: SNPS) is a global leader in electronic design automation (EDA) and semiconductor IP. The company is essential for the development of electronic products and software applications that consumers and industries rely on daily. With its extensive portfolio of advanced silicon design, verification products, and software integrity solutions, Synopsys is at the forefront of innovation in the technology sector.
Founded in 1986 and headquartered in Mountain View, California, Synopsys has grown to become the 15th largest software company in the world. It boasts approximately 113 offices spread across North America, South America, Europe, Japan, Asia, and India. The company’s offerings include comprehensive solutions for system-on-chip (SoC) designers and software developers aiming to meet the highest standards in quality and security.
Synopsys recently announced the availability of its Black Duck® Supply Chain Edition, a software composition analysis offering that helps organizations mitigate upstream risks in their software supply chains. This product is a testament to Synopsys's commitment to security and innovation, providing a full range of capabilities to ensure secure and compliant software development.
Another significant milestone is the introduction of Polaris Assist, an AI-powered application security assistant that combines Large Language Model (LLM) technology with Synopsys’s decades of application security knowledge. This tool aids development teams in understanding and resolving security vulnerabilities more effectively.
Synopsys has also announced a strategic collaboration with Samsung Electronics, achieving a major performance milestone in mobile SoC design. Using Synopsys’s AI-driven EDA suite and extensive IP portfolio, Samsung was able to achieve 300MHz higher performance and 10% lower dynamic power in its high-performance mobile SoCs.
Financially, Synopsys continues to show robust performance. For the second quarter of fiscal year 2024, the company reported revenues of $1.455 billion, a significant increase from $1.263 billion in the same quarter the previous year. This growth is driven by strong operational execution, leading technology, and a resilient business model.
Synopsys is also undergoing a strategic shift, divesting its Software Integrity Group to Clearlake Capital Group and Francisco Partners for up to $2.1 billion. This move is expected to sharpen Synopsys’s focus on its core business of silicon design and EDA solutions, aligning with current technological trends such as artificial intelligence and pervasive intelligence.
With its commitment to innovation and a strong financial foundation, Synopsys continues to lead the industry, offering smart, secure solutions for the era of connected devices.
Synopsys (SNPS) and the SEMI Foundation have signed a Memorandum of Understanding to address workforce development in the semiconductor chip design sector. The collaboration aims to tackle the predicted need for over one million additional semiconductor jobs by 2030, equivalent to 100,000 jobs annually.
The partnership will focus on developing education and training programs with academic institutions and industry experts, targeting K-12 students, academic institutions, and military veterans. Through Synopsys' SARA (Synopsys Academic & Research Alliances) program, the initiative will provide access to cutting-edge technologies and support universities in building a diverse semiconductor workforce.
The first program, launching in 2025, will concentrate on training students, educators, and military service members transitioning to civilian careers to expand participation in the chip design sector.
Synopsys has expanded its hardware-assisted verification (HAV) portfolio with new HAPS-200 prototyping and ZeBu-200 emulation systems, powered by AMD Versal Premium VP1902 adaptive SoC. The new systems offer significant improvements in performance and capabilities:
The HAPS-200 prototyping system delivers industry-leading runtime performance with 4X improved debug performance over HAPS-100, supporting up to 10.8 billion gates. The ZeBu-200 emulation system provides up to 2X higher runtime performance compared to its predecessor, with capacity up to 15.4 billion gates.
The systems are built on Synopsys EP-Ready Hardware platform, allowing flexible configuration between emulation and prototyping use-cases. ZeBu Server 5 now scales beyond 60 billion gates for complex SoC and multi-die designs. The company's hybrid technology with Synopsys Virtualizer now supports multi-threading, enabling Android boot in under 10 minutes.
Synopsys (SNPS) has scheduled its first quarter fiscal year 2025 earnings release for Wednesday, February 26, 2025, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss financial results and business outlook.
Financial information will be available on the corporate investor website before the call. A live webcast will be accessible to participants, who are advised to join at least 10 minutes before the start. A replay of the webcast will be available from approximately 5:00 p.m. PT on February 26 until the company's second quarter fiscal year 2025 results announcement in May 2025.
Synopsys (SNPS) has announced its annual SNUG Silicon Valley user group conference, scheduled for March 19-20, 2025, at the Santa Clara Convention Center. The event will feature over 100 technical sessions focused on chip and system design, with participation from major sponsors including AWS, GlobalFoundries, Microsoft, Samsung, and TSMC.
This year introduces the inaugural Synopsys Executive Forum, an invite-only event running parallel to SNUG on March 19. CEO Sassine Ghazi will deliver a keynote address on engineering challenges in the era of pervasive intelligence. The Executive Forum will include discussions on automotive engineering reinvention, custom AI silicon, AI agents' productivity, and quantum computing potential, featuring a special session on sustainable computing with Arm CEO Rene Haas.
Synopsys announced that the European Commission (EC) has approved its proposed acquisition of Ansys in Phase 1, marking significant progress in obtaining regulatory clearances. The company highlighted recent developments including the UK CMA's provisional acceptance of remedies for Phase 1 approval and the expiration of the U.S. HSR Act waiting period.
The company is actively working with the FTC on proposed remedies review, while China SAMR has officially accepted their filing. The merger aims to address growing customer demands for integrated EDA and Simulation and Analysis (S&A) software solutions. Synopsys maintains its expectation to close the transaction in the first half of 2025, citing strong customer support for the merger.
Synopsys has received provisional acceptance from the UK Competition and Markets Authority (CMA) for its proposed remedies in Phase 1 regarding its planned acquisition of Ansys. This development avoids a referral to Phase 2 review. The company reports strong customer support for the transaction and emphasizes that the merger will enhance innovation across industries by integrating Electronic Design Automation (EDA) with Simulation and Analysis (S&A) software solutions. The transaction is expected to close in the first half of 2025.
Ansys (NASDAQ: ANSS) and Synopsys (NASDAQ: SNPS) have announced an agreement to sell Ansys's PowerArtist business to Keysight Technologies (NYSE: KEYS). PowerArtist is a specialized RTL design-for-power platform used for early-stage power analysis and reduction in semiconductor designs.
The sale is contingent upon regulatory approvals and the closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. The divestiture was deemed necessary to obtain regulatory approval for the Synopsys-Ansys merger. The transaction's financial terms were not disclosed, though Ansys stated it's not material to their financials.
PowerArtist will complement Keysight's existing design engineering software portfolio, furthering their strategy in the high-performance system design and simulation software sector. During the transition period, Ansys will continue offering PowerArtist as part of its product line.
Ansys (NASDAQ: ANSS) and Synopsys (NASDAQ: SNPS) have announced an agreement to sell Ansys PowerArtist to Keysight Technologies (NYSE: KEYS). PowerArtist is a specialized RTL design-for-power platform used for early-stage power analysis and reduction in semiconductor designs.
This divestiture is necessary to obtain regulatory approval for Synopsys' proposed acquisition of Ansys, which is expected to close in the first half of 2025. The PowerArtist transaction is subject to regulatory review and the completion of the broader Synopsys-Ansys merger.
PowerArtist will complement Keysight's existing design engineering software portfolio, strengthening its position in the high-performance system design and simulation software sector. The sale is not considered material to Ansys' financials, and the terms were not disclosed.
Synopsys has responded to the UK Competition and Markets Authority's (CMA) Phase 1 findings regarding its proposed acquisition of Ansys. The company views this as an expected step in the regulatory review process and has already taken steps to address CMA's concerns, including the planned sale of its Optical Solutions business to Keysight. The company reports strong customer support for the transaction, which aims to integrate EDA and Simulation and Analysis software solutions. Synopsys maintains confidence in a positive resolution and expects the deal to close in the first half of 2025.
Synopsys (SNPS) and SiMa.ai have announced a strategic collaboration to accelerate the development of automotive edge AI solutions. The partnership combines Synopsys' EDA, automotive-grade IP, and verification solutions with SiMa.ai's machine learning accelerator IP and ML software stack.
The joint solution aims to enable early architecture exploration, shift-left software development, cost-effective in-vehicle experiences, and continuous upgradeability of automotive edge AI solutions. The collaboration focuses on powering AI-enabled features in next-generation automobiles, particularly for Advanced Driver Assistance Systems (ADAS) and In-vehicle Infotainment (IVI) applications.
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