Synopsys

Intel Launches World’s First Systems Foundry Designed for the AI Era

Retrieved on: 
Wednesday, February 21, 2024

Intel Corp. (INTC) today launched Intel Foundry as a more sustainable systems foundry business designed for the AI era and announced an expanded process roadmap designed to establish leadership into the latter part of this decade.

Key Points: 
  • Intel Corp. (INTC) today launched Intel Foundry as a more sustainable systems foundry business designed for the AI era and announced an expanded process roadmap designed to establish leadership into the latter part of this decade.
  • (Credit: Intel Corporation)
    The announcements were made at Intel’s first foundry event, Intel Foundry Direct Connect, where the company gathered customers, ecosystem companies and leaders from across the industry.
  • “This is creating an unprecedented opportunity for the world’s most innovative chip designers and for Intel Foundry, the world’s first systems foundry for the AI era.
  • That’s why we are so excited to work with Intel Foundry, and why we have chosen a chip design that we plan to produce on Intel 18A process.”
    Intel Foundry has design wins across foundry process generations, including Intel 18A, Intel 16 and Intel 3, along with significant customer volume on Intel Foundry ASAT capabilities, including advanced packaging.

Two New Cybersecurity Experts Join Enterprise Strategy Group to Expand Coverage of Risk Management, Identity and Access Management (IAM), and Data Security

Retrieved on: 
Tuesday, March 5, 2024

NEWTON, Mass., March 5, 2024 /PRNewswire-PRWeb/ -- Enterprise Strategy Group (ESG), a leading IT analyst, research, and strategy firm, and a division of TechTarget, Inc., today announced the addition of two new analysts to its cybersecurity team. Todd Thiemann joins to cover identity and access management (IAM) and data security, and David Vance will cover vulnerability and risk management, as well as application security. Both bring career experience from leading companies to these coverage areas to strengthen ESG's strong bench of cybersecurity analysts sought after by vendors and practitioners alike.

Key Points: 
  • Todd Thiemann joins to cover identity and access management (IAM) and data security, and David Vance will cover vulnerability and risk management, as well as application security.
  • Our cybersecurity analysts and specialized research will help security teams make informed decisions to ensure they adopt the right tools, processes, and strategy to support scale.
  • "My coverage areas of IAM and data security are incredibly dynamic and core to enterprise cybersecurity.
  • Melinda Marks, Practice Director, Cybersecurity, for ESG, comments: "We are excited to expand our cybersecurity coverage with these new analysts.

New Synopsys Report Finds 74% of Codebases Contained High-Risk Open Source Vulnerabilities, Surging 54% Since Last Year

Retrieved on: 
Tuesday, February 27, 2024

SUNNYVALE, Calif., Feb. 27, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today released the ninth edition of the annual "Open Source Security and Risk Analysis" (OSSRA) report. The research highlights that nearly three-quarters of commercial codebases assessed for risk contain open source components impacted by high-risk vulnerabilities, representing a sharp uptick from the previous year.

Key Points: 
  • The research highlights that nearly three-quarters of commercial codebases assessed for risk contain open source components impacted by high-risk vulnerabilities, representing a sharp uptick from the previous year.
  • While codebases containing at least one open source vulnerability remained consistent year over year at 84%, significantly more codebases contained high-risk vulnerabilities in 2023.
  • The report also found that the mean age of open source vulnerabilities in the codebases was over 2.5 years old, and nearly a quarter of codebases contained vulnerabilities more than 10 years old.
  • High-risk open source vulnerabilities permeate across critical industries: The Computer Hardware and Semiconductors industry had the highest percentage of codebases with high-risk open source vulnerabilities (88%), followed closely by Manufacturing, Industrials and Robotics at 87%.

Weekly Recap: 11 Press Releases You Might Have Missed

Retrieved on: 
Friday, February 23, 2024

NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, Feb. 23, 2024 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.
  • These are just a few of the recent press releases that consumers and the media should know about.

Ansys Names Rachel Pyles As Chief Financial Officer

Retrieved on: 
Tuesday, February 20, 2024

PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that finance veteran Rachel Pyles will become the company's new chief financial officer, effective February 22, 2024. Pyles replaces Nicole Anasenes, who previously announced her planned departure from Ansys to focus on advisory and board work. Anasenes will remain with the company as a strategic adviser until June 2024 to ensure a smooth transition.

Key Points: 
  • Finance veteran replaces Nicole Anasenes, who will depart company in June
    PITTSBURGH, Feb. 20, 2024 /PRNewswire/ -- Ansys (NASDAQ: ANSS) announced today that finance veteran Rachel Pyles will become the company's new chief financial officer, effective February 22, 2024.
  • Pyles replaces Nicole Anasenes, who previously announced her planned departure from Ansys to focus on advisory and board work.
  • Pyles joined Ansys in early 2023 as the vice president of strategic finance, running financial planning and analysis (FP&A) for the company.
  • "I am excited and honored to take on these new responsibilities as chief financial officer for this dynamic company.

Kuehn Law Encourages TAST, ANSS, PGTI, and TARO Investors to Contact Law Firm

Retrieved on: 
Tuesday, January 23, 2024

NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.

Key Points: 
  • NEW YORK, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.
  • Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.
  • Under the agreement, shareholders of Carrols Restaurant are set to receive $9.55 per share in cash.
  • According to the merger agreement, Ansys shareholders are set to receive $197.00 in cash and 0.3450 shares of Synopsys common stock per Ansys share.

Exterro Hires Paul Valentino as New Chief People Officer

Retrieved on: 
Wednesday, January 17, 2024

PORTLAND, Ore., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Exterro, the leading provider of data risk management software solutions, today announced the appointment of Paul Valentino, a visionary leader in human resources and business strategy, as chief people officer (CPO), effective January 1, 2024.

Key Points: 
  • PORTLAND, Ore., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Exterro, the leading provider of data risk management software solutions, today announced the appointment of Paul Valentino, a visionary leader in human resources and business strategy, as chief people officer (CPO), effective January 1, 2024.
  • The appointment of Valentino reflects Exterro’s long-term commitment to nurturing and developing their most valuable asset: their people.
  • “We’re thrilled to welcome Paul Valentino to Exterro as we embark on our next phase of growth,” said Bobby Balachandran, CEO of Exterro.
  • His appointment underscores our commitment to creating a workplace culture where every individual thrives.”
    “I’m honored and thrilled to join Exterro at such an exciting and pivotal time,” Valentino said.

Synopsys Announces Earnings Release Date For First Quarter Fiscal Year 2024

Retrieved on: 
Thursday, January 25, 2024

SUNNYVALE, Calif., Jan. 25, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2024 on Wednesday, Feb. 21, 2024, after the market close.

Key Points: 
  • SUNNYVALE, Calif., Jan. 25, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2024 on Wednesday, Feb. 21, 2024, after the market close.
  • The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to review its financial results and business outlook.
  • A webcast replay will be available beginning Feb. 21, 2024, at approximately 5:00 p.m. PT.
  • The replay will be available until Synopsys announces its second quarter fiscal year 2024 results in May 2024.

Endura Technologies Appoints New CEO, and Strategic Board Members to Accelerate Growth of System-on-Chip Power Delivery Pioneer

Retrieved on: 
Tuesday, January 16, 2024

"We are poised to lead the next generation in performance, scalability and efficiency in SoC power delivery applications."

Key Points: 
  • "We are poised to lead the next generation in performance, scalability and efficiency in SoC power delivery applications."
  • His appointment as CEO is expected to elevate Endura Technologies' go-to-market and growth.
  • His insights and experience in nurturing technology ventures will be invaluable in steering Endura Technologies' strategic direction.
  • Endura Technologies is leading this transformation by providing end-to-end SoC power delivery solutions, integrating their revolutionary, patented architectures, test silicon, design IP, design services, passive technology (inductors, capacitors, etc.)

Electronic Design Automation Market to grow by USD 7.50 billion from 2022 to 2027; Growth Driven by the growing significance of EDA in the electronic design process- Technavio

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The global electronic design automation market size is estimated to grow by USD 7.50 billion from 2023 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Jan. 15, 2024 /PRNewswire/ -- The global electronic design automation market size is estimated to grow by USD 7.50 billion from 2023 to 2027, according to Technavio.
  • The growing significance of EDA in the electronic design process drives market growth.
  • This evolution is witnessed across Electronic Design Tools, Analog Design Software, Digital Design Solutions, Chip Design Automation, PCB Layout, Electronic System Design, Design Verification, Hardware Design Tools, Electronic Circuit Simulation, ASIC Design, and System-on-Chip (SoC) Design.
  • This challenge pervades Semiconductor Design Software, VLSI Design, PCB Design Tools, FPGA Design, IC Design Solutions, Computer-Aided Design, Integrated Circuit Design, and Electronic Design Innovation.