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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 and TSMC announced their collaboration to enhance EDA and IP solutions for AI and multi-die chip designs on TSMC's advanced N2 and A16 processes. Key advancements include:
- Production-ready AI-driven EDA flows, powered by Synopsys.ai, delivering enhanced results and accelerating design node migration.
- New backside power delivery capabilities on TSMC's A16 for efficient power distribution and system performance.
- Joint efforts with Ansys to address thermal and power integrity challenges using CoWoS interposer packaging.
- Development of 40G UCIe, HBM4, and 3DIO IP on advanced TSMC nodes to optimize latency, power, performance, and area.
Synopsys' AI-driven EDA suite and silicon-proven IP have significantly improved productivity and performance for advanced AI chip designs. The collaboration has also enabled cloud-ready EDA tools for mutual customers, enhancing the design process for multi-die architectures.
Keysight Technologies (NYSE: KEYS) has announced a definitive agreement to acquire Synopsys' Optical Solutions Group, a leading developer of optical design and analysis software tools. This acquisition will expand Keysight's design engineering software portfolio and computer-aided engineering capabilities, adding optical system design, analysis, simulation, and virtual prototyping solutions.
The transaction is subject to customary closing conditions, including regulatory review and the successful closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. This strategic move will enable Keysight to address high-performance system use cases beyond electronics, including optics and photonics, and enhance its ability to help customers innovate efficiently and accelerate time-to-market.
Synopsys has announced a definitive agreement to sell its Optical Solutions Group (OSG) to Keysight Technologies. This sale is contingent on customary closing conditions, including regulatory review, and the successful closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. The OSG sale is deemed necessary for obtaining regulatory approval for the Ansys acquisition.
OSG provides design tools and services for optical product simulations, including CODE V, LightTools, LucidShape, RSoft Photonic Device Tools, and ImSym. These tools will complement Keysight's existing design engineering software portfolio. The transaction is not considered material to Synopsys' financials, and the terms were not disclosed. Synopsys commits to ensuring a smooth transition for the OSG team, customers, and partners.
Synopsys (Nasdaq: SNPS) has launched ImSym – Imaging System Simulator, the industry's first complete virtual prototyping platform for imaging systems. This groundbreaking solution integrates lenses, sensors, and image signal processors into a comprehensive end-to-end simulation platform. ImSym offers:
1. Accelerated development: Reduces time-to-market by up to 60 times compared to traditional methods.
2. Enhanced collaboration: Unified design environment for real-time updates and version control.
3. Accurate simulations: Powered by Synopsys' CODE V and LightTools optical design software.
4. Intuitive interface: Guides users through virtual prototype development.
5. Python integration: Enables process automation and custom workflows.
ImSym is now available worldwide, offering a significant advancement in optical system simulation and design.
Synopsys has announced the industry's first complete UCIe IP solution operating at up to 40 Gbps per pin, addressing the increased compute performance requirements of AI data centers. This solution includes PHY, controller, and verification IP, offering 25% higher bandwidth than the UCIe specification without impacting energy efficiency or silicon footprint. The IP supports both organic substrate and high-density, advanced packaging technologies, providing flexibility for designers.
Key features include:
- Simplified integration with single reference clock
- Silicon health monitoring for enhanced reliability
- Ecosystem interoperability with popular on-chip interconnect fabrics
- Pre-verified design reference flow
- Broad IP solutions for multi-die designs
Synopsys (SNPS) reported strong Q3 FY2024 results, with record quarterly revenue of $1.526 billion, up 13% year-over-year. GAAP earnings per diluted share were $2.73, while non-GAAP EPS reached $3.43, a 27% increase from the previous year. The company expects full-year revenue growth of approximately 15%, driven by strong execution and business momentum.
Synopsys' president and CEO, Sassine Ghazi, highlighted the company's critical role in technology innovation, particularly in AI and silicon-level system performance optimization. CFO Shelagh Glaser noted that the company anticipates non-GAAP EPS growth of about 24% for the full year, along with a two-point expansion in non-GAAP operating margin.
Synopsys (Nasdaq: SNPS) has announced its earnings release date for the third quarter of fiscal year 2024. The company will report results on Wednesday, August 21, 2024, after the market close. A conference call is scheduled for 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss financial results and business outlook. Investors can access financial information and statistical data on the corporate website prior to the call. A live webcast will be available, and participants are advised to join at least 10 minutes before the start. A webcast replay will be accessible from approximately 5:00 p.m. PT on the same day until Synopsys announces its fourth quarter and fiscal year 2024 results in December 2024.
Synopsys (Nasdaq: SNPS) has achieved a significant milestone in automotive security with its ARC® HS4xFS Processor IP receiving ISO/SAE 21434 cybersecurity certification from SGS-TṺV Saar. This certification addresses evolving cybersecurity threats and helps ensure long-term security and reliability of automotive systems. The ARC HS4xFS Processors are also certified to the ISO 26262 standard, meeting ASIL D compliance for safety-critical systems.
Synopsys has also certified its IP development process to ISO/SAE 21434, ensuring a security-first approach throughout the product development lifecycle. This certification is important for automotive OEMs to meet the UN R155 regulation, which mandates the adoption of a cybersecurity management system for new road vehicles. The company plans to continue certifying its broad IP portfolio to help reduce design risk and accelerate time-to-market for safe and robust SoCs in the automotive industry.
Synopsys has announced the availability of its new AI-powered, production-ready multi-die reference flow for Intel Foundry's EMIB advanced packaging technology. This solution includes the Synopsys 3DIC Compiler, which aids in the co-design and analysis of multi-die systems. It integrates with Synopsys 3DSO.ai to optimize signal, power, and thermal integrity, achieving notable productivity gains and enhanced system performance.
The multi-die reference flow facilitates efficient die-to-die connectivity and high memory bandwidth, addressing the increasing demands for processing power and performance in AI and high-performance computing applications. This innovation supports design complexities, enhancing manufacturing and reliability while reducing integration risks and accelerating time-to-market. The integration can cut effort by up to 30% and improve quality by 15% compared to traditional methods.
Synopsys’ solution is now available from both Intel Foundry and Synopsys, aiming to provide designers with comprehensive tools for developing advanced, multi-die systems.
Synopsys has announced that its AI-driven digital and analog design flows have achieved certification on Samsung Foundry's SF2 process with multiple test chip tapeouts. This certification validates the product readiness of its digital and analog design flows, enhanced by Synopsys.ai full-stack EDA suite, for Samsung's latest Gate-All-Around (GAA) process technologies. The optimized design flows offer significant improvements in performance, power, and area (PPA) with reported gains of 12% higher performance, 25% power reduction, and 5% area reduction.
Additionally, the collaboration includes proven Synopsys IP on Samsung SF2, reducing integration risk and supporting 2.5D/3D heterogeneous integration. Synopsys' innovations in backside routing and nanosheet cell design further enhance the efficiency of designing for Samsung's GAA processes. The announcement also highlights the expanded Synopsys.ai collaboration, including Synopsys ASO.ai for faster analog design migration, and the availability of a multi-die design reference flow and UCIe IP for SF2.
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