Synopsys Acquires Precision Optical Measurements Provider LIGHT TEC

Rhea-AI Summary

Synopsys, Inc. (NASDAQ: SNPS) has acquired Light Tec, enhancing its optical design software with new optical scattering measurement capabilities. This acquisition allows Synopsys to offer customers faster access to precision light scattering data, crucial for optical product development. While the financial terms of the deal are undisclosed, it is expected to reduce product development costs and time by providing integrated measurements and simulations for applications including optical sensors and displays. Dr. Howard Ko highlighted the acquisition as a commitment to improving R&D efficiency.

Positive

• Acquisition enhances optical design software capabilities with new measurement tools.
• Provides instant access to precision light scattering data for faster simulations.
• Allows customers to save time and reduce product development costs.

Negative

• None.

MOUNTAIN VIEW, Calif., Nov. 19, 2020 /PRNewswire/ -- Synopsys, Inc. (NASDAQ: SNPS) today announced it has acquired Light Tec, a global provider of optical scattering measurements and measurement equipment. The combination of Synopsys' optical design software tools with Light Tec's solutions expands customer access to precision light scattering data for materials and media used in optical systems.

The terms of the deal, which are not material to Synopsys' financials, are not being disclosed.

Understanding the way light interacts with surfaces is a key part of successful optical product development. Light scattering data provides designers with real, accurate information to predict how light reflects and transmits in an optical system. It is used to obtain high-precision simulation results for a wide range of applications such as optical sensors, displays, semiconductors, and luminaires. Light scattering data is also important for demonstrating optical product spectral behavior in photorealistic renderings.

This acquisition enables Synopsys to continuously augment the materials and media software libraries provided in their optical software products for faster, physics-based system modeling. Customers are able to save time and decrease product development costs by having instant access to these libraries, rather than characterizing materials or media manually, or paying for a third-party service to perform measurements. Additionally, customers have the option to purchase solutions from Synopsys to measure their own optical samples and import custom data into Synopsys optical software tools.

"Light Tec's proven optical measurement capabilities provide our customers with robust new tools for high-accuracy optical product simulations and visualizations," said Dr. Howard Ko, general manager of Synopsys' Silicon Engineering Group. "The acquisition of Light Tec demonstrates our commitment to helping designers meet demanding optical system requirements, speed product development and save R&D costs."

About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com.

Editorial Contact:
Simone Souza
Synopsys, Inc.
650-584-6454
simone@synopsys.com

Investor Contact:
Lisa Ewbank
Synopsys, Inc.
650-584-1901
synopsys-ir@synopsys.com

 

View original content:http://www.prnewswire.com/news-releases/synopsys-acquires-precision-optical-measurements-provider-light-tec-301177656.html

SOURCE Synopsys, Inc.

FAQ

What is the purpose of Synopsys' acquisition of Light Tec?

The acquisition aims to enhance Synopsys' optical design software by integrating Light Tec's optical scattering measurement capabilities, allowing for improved simulations and reduced product development time.

How will the acquisition of Light Tec impact Synopsys customers?

Customers will gain faster access to precision light scattering data, enabling them to save time and lower R&D costs while improving their optical product simulations.

What type of technology does Light Tec provide?

Light Tec provides optical scattering measurements and equipment that assist in the development of optical systems.

When was the acquisition of Light Tec by Synopsys announced?

The acquisition was announced on November 19, 2020.

What is Synopsys' stock symbol?

Synopsys is traded under the stock symbol SNPS on NASDAQ.