Welcome to our dedicated page for Synopsys news (Ticker: SNPS), a resource for investors and traders seeking the latest updates and insights on Synopsys stock.
Synopsys Inc (NASDAQ: SNPS) drives innovation in electronic design automation (EDA) and semiconductor IP solutions, enabling next-generation chip and system development. This dedicated news hub provides investors and industry professionals with official announcements, strategic updates, and market insights directly from Synopsys leadership.
Comprehensive Coverage: Access timely updates including quarterly earnings reports, product launch details, technology partnerships, and executive commentary. Our curated collection features verified press releases covering critical developments in EDA software advancements, silicon IP licensing agreements, and software security innovations.
Strategic Resource: Track Synopsys' role in shaping semiconductor design trends through acquisitions, R&D milestones, and industry collaborations. Stay informed about developments impacting automotive electronics, AI hardware acceleration, and cloud-based design tools—key growth areas in modern computing infrastructure.
Bookmark this page for immediate access to Synopsys' latest corporate communications and technology announcements. Check regularly for updates that matter to semiconductor investors, engineering professionals, and technology analysts worldwide.
Synopsys (Nasdaq: SNPS) has announced a strategic partnership with The Chertoff Group to enhance software security solutions. This collaboration aims to combine application security expertise with cyber risk management to aid clients in cloud migration and digital transformation. Key offerings include timely cyber policy insights, unified threat modeling, and technical validation aligned with business contexts. The partnership highlights the increasing importance of software risk management in overall business risk.
Synopsys has expanded its DesignWare ARC Processor IP portfolio with the launch of the new 128-bit ARC VPX2 and 256-bit ARC VPX3 DSP Processors. These processors leverage the VLIW/SIMD architecture of the 512-bit VPX5, offering up to two-thirds lower power and area consumption. Designed for various embedded applications, the VPX DSPs support functional safety requirements up to ASIL D, making them suitable for IoT, automotive, and industrial systems. Availability for lead customers begins in Q4 2021 and Q1 2022 for safety-enhanced versions.
GlobalFoundries and Synopsys have announced the qualification of two significant reference flows for GF's 22FDX process. One flow, optimized for Amazon Web Services, enhances scalable execution for applications like 5G, edge AI, and IoT, while the other is the first automotive reference flow for ASIL D-compliant designs, expediting time-to-market for safety-critical systems. This collaboration addresses computational demands in design and verification, leveraging cloud infrastructure to accelerate innovation across various SoC applications.
On September 14, 2021, Synopsys announced that NSITEXE achieved ISO 26262 ASIL D certification for its DR1000C parallel processor IP, two months ahead of schedule. Utilizing Synopsys Z01X fault simulation, NSITEXE has developed the industry's first RISC-V processor with vector extension certified for high safety standards critical in automotive applications. This achievement underscores Synopsys's leadership in functional safety verification, supporting customers to enhance system reliability and performance in challenging environments.
Synopsys, Inc. (Nasdaq: SNPS) has appointed Sassine Ghazi as the new president and chief operating officer effective November 1, 2021. Ghazi, who joined the company in 1998 and was previously COO, has had a significant impact on enhancing Synopsys' EDA and IP strategy, customer collaborations, and leadership. Chi-Foon Chan will transition from his co-CEO position in the first half of fiscal 2022, continuing to support the company in a new role. The company's strategy aims to scale revenues to $5 billion and beyond.
Synopsys (Nasdaq: SNPS) announced the adoption of its PrimeSim Reliability Analysis solution by leading semiconductor companies, enhancing reliability analysis for analog and mixed-signal designs. This solution streamlines the assessment process, supporting compliance with standards like ISO 26262. The integration with PrimeSim Continuum offers advanced simulators for various reliability analyses, significantly reducing late-stage engineering changes. With technologies certified by major foundries, the PrimeSim solution aims to elevate the safety and performance of ICs in sectors such as automotive and aerospace.
Synopsys has successfully completed the acquisition of semiconductor and flat panel display solutions from BISTel, enhancing its process control offerings. This acquisition aims to integrate BISTel's advanced engineering systems and AI applications into Synopsys' portfolio, improving manufacturing quality and efficiency in semiconductor fabs. The deal's financial terms remain undisclosed, but it is expected to significantly boost throughput and operational efficiency through the utilization of real-time predictive analysis technologies.
Synopsys, Inc. (SNPS) announced that its CFO, Trac Pham, will be presenting at the D.A. Davidson Software and Internet Conference on September 9, 2021. The conference will be streamed live at Synopsys Investor Relations at 1:30 p.m. ET (10:30 a.m. PT). A replay will be available on their website about an hour after the live presentation. Synopsys is a leader in electronic design automation and semiconductor IP, providing critical tools for companies developing innovative electronic products and software applications.
Synopsys, Inc. (Nasdaq: SNPS) announced an accelerated share repurchase (ASR) agreement with HSBC Bank USA to buy back $175 million of its stock. The initial share delivery is approximately 431,000 shares, with the final number to be settled by November 24, 2021. The ASR will be based on Synopsys' average daily volume-weighted share prices, discounted. This move reflects the company's commitment to enhancing shareholder value through strategic capital allocation.
Synopsys, Inc. (Nasdaq: SNPS) announced that Achronix achieved first-pass silicon success for its Speedster7t FPGA using Synopsys's design, verification, and IP solutions. The 7-nm FPGA meets high-bandwidth and AI/ML workload requirements, reducing time-to-market. Synopsys's DesignWare IP portfolio contributed to improved memory performance and decreased power consumption. Significant enhancements include a 4% increase in area efficiency and an 8% improvement in timing. Achronix plans ongoing collaboration with Synopsys to utilize DesignWare IP for future designs.
