26 Followers USX:SNPS - Synopsys Inc Synopsys Inc
Sector: Information Technology, Industry: Systems Software
Next Earnings: 15 May 2024
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USD 527.58    -13.51 (-2.50%)

17 Apr 2024


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General

CEO: Dr. Aart J. de Geus

IPO: 1992-02-26

Headquarters: US

Employees: 20,300

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Description

Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm’s growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys’ comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.

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