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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, Ansys, and Keysight Technologies have launched a new mmWave radio frequency (RF) design flow optimized for TSMC's 16nm FinFET technology. This collaboration aims to meet the power and performance demands of 5G/6G system-on-chips (SoCs). The flow integrates advanced tools to enhance design efficiency, focusing on scalability, power integrity, and electromagnetic analysis. The strong market demand for mmWave technology is anticipated to drive growth as 5G adoption increases. The partnership underlines the importance of ecosystem collaboration in achieving silicon success for complex RF designs.
Synopsys (Nasdaq: SNPS) announces enhanced EDA and IP solutions for 2.5D/3D designs on TSMC's advanced N7, N5, and N3 process technologies. This collaboration leverages TSMC's 3DFabric™ technology, providing a holistic approach to meet customer needs in heterogeneous compute-intensive applications. The new solutions encompass architectural partitioning, silicon/package co-design, and more, aimed at accelerating integration in AI, high-performance computing, and networking.
Synopsys (Nasdaq: SNPS) has achieved significant milestones with TSMC's N3E process technology, including certification of its digital and custom design flows and multiple successful tapeouts. This collaboration enhances power, performance, and yield for high-performance computing, AI, and mobile applications. Synopsys also emphasizes its AI-driven design capabilities through the DSO.ai technology and Fusion Compiler. The partnership supports seamless transitions for existing designs on earlier process nodes to the N3E process, showcasing Synopsys' commitment to innovation in semiconductor design.
Synopsys (Nasdaq: SNPS) announced the launch of its PrimeClosure solution, designed to accelerate engineering design closure for HPC, AI, automotive, and mobile designs. This innovation aims to enhance productivity, achieving up to 45% better timing and up to 10x higher design productivity compared to traditional methods. Early adopters reported a 5x reduction in turnaround time and a significant decrease in resource usage. The solution integrates with existing tools and targets general availability in December 2022, responding to the growing demands for efficiency in advanced chip designs.
Synopsys, Inc. (Nasdaq: SNPS) has launched its Code Sight™ Standard Edition for IntelliJ IDE, enhancing its toolset aimed at identifying security vulnerabilities in source code and open source dependencies. This standalone plugin, previously available for Visual Studio Code, allows developers to detect and resolve security issues in real time, improving software security while minimizing downstream costs. As IntelliJ ranks high among popular IDEs with 28% user adoption, this move expands Synopsys' market potential. A 30-day free trial is available to developers.
Synopsys (Nasdaq: SNPS) announced successful tapeouts using its digital and custom design flows, certified for Samsung Foundry's advanced 3nm process technology. This partnership allows customers to achieve approximately 50% reduced power, 30% improved performance, and 30% smaller area compared to the previous 5nm process. The collaboration focuses on enhancing power, performance, and area metrics essential for mobile, high-performance computing, and AI applications, utilizing machine learning capabilities for efficient chip design workflows.
Synopsys, Inc. (Nasdaq: SNPS) will host a Synopsys Spotlight webcast for investors on October 4, 2022, from 1:00 p.m. to 1:45 p.m. ET. Jason Schmitt, GM of the Software Integrity Group, will discuss market dynamics and the solutions portfolio, followed by a Q&A session. The live event can be accessed via Synopsys' investor relations website. Attendees are encouraged to register at least 10 minutes prior to the start. A replay will be available approximately 30 minutes after the conclusion of the webcast.
Synopsys, Inc. (Nasdaq: SNPS) has launched a new streaming fabric technology that dramatically enhances silicon health monitoring by reducing data access and test time by up to 80% while minimizing power consumption. This innovation is part of Synopsys' Silicon Lifecycle Management solutions and aims to streamline the testing and analysis processes for complex designs. With a plug-and-play architecture, the streaming fabric offers a flexible approach to data transport, improving overall chip reliability and uptime, crucial for mission-critical applications.
Synopsys (Nasdaq: SNPS) released the BSIMM13 report, showing a 51% increase in activities aimed at securing open source components and a 48% rise in integrating security into developer toolchains over the past year. The report highlights a 95% increase in collaboration between security teams and operations to protect non-application software. These trends indicate a significant maturing of software security practices among BSIMM member organizations, emphasizing a comprehensive, automated approach to risk management throughout the software development lifecycle.
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