Synopsys

Application Security Market size worth USD 63.3 Billion, Globally, by 2030 at 26.5% CAGR: Verified Market Research®

Retrieved on: 
Thursday, September 21, 2023

JERSEY CITY, N.J., Sept. 21, 2023 /PRNewswire/ -- The Global Application Security Market is projected to grow at a CAGR of 26.5% from 2022 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 22.12 Billion in 2021 and is expected to reach USD 63.3 Billion by the end of the forecast period.

Key Points: 
  • The " Global Application Security Market Size By Component, By Testing, By Vertical, By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Application Security Market, including its growth prospects, market trends, and market challenges
    JERSEY CITY, N.J., Sept. 21, 2023 /PRNewswire/ -- The Global Application Security Market is projected to grow at a CAGR of 26.5% from 2022 to 2030, according to a new report published by Verified Market Research®.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Application Security Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Application Security Market into Component, Testing, Vertical, And Geography.

Synopsys Recognized as a Leader in Static Application Security Testing by Independent Research Firm

Retrieved on: 
Wednesday, September 20, 2023

SUNNYVALE, Calif., Sept. 20, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it has been recognized as a leader in The Forrester Wave™: Static Application Security Testing, Q3 2023. The report identifies the 11 most significant vendors in the static application security testing (SAST) market and evaluates them against 26 criteria grouped into three high-level categories: Current offering, Strategy, and Market presence. Synopsys' Coverity® SAST solution received the second highest score in the Current offering category and tied for the second highest scores in the Strategy and Market presence categories.

Key Points: 
  • SUNNYVALE, Calif., Sept. 20, 2023 /PRNewswire/ -- Synopsys , Inc. (Nasdaq: SNPS ) today announced it has been recognized as a leader in The Forrester Wave™: Static Application Security Testing, Q3 2023 .
  • The report identifies the 11 most significant vendors in the static application security testing (SAST) market and evaluates them against 26 criteria grouped into three high-level categories: Current offering, Strategy, and Market presence.
  • The report states: "Security and development leaders look to static application security testing solutions to find, prioritize, and help fix security weaknesses quickly in proprietary code by seamlessly integrating into developer workflows."
  • "We're honored to be recognized by Forrester as a leader in this evaluation," said Jason Schmitt, general manager of the Synopsys Software Integrity Group.

Synopsys Demonstrates Industry's First Interoperability of PCI Express 6.0 IP with Intel's PCIe 6.0 Test Chip

Retrieved on: 
Monday, September 18, 2023

SUNNYVALE, Calif., Sept. 18, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that its collaboration with Intel has achieved end-to-end 64 GT/s interoperability between Synopsys' IP for PCI Express (PCIe) 6.0 and Intel's PCIe 6.0-enabled test chip. This milestone validates that future products integrating PCIe 6.0 solutions from Synopsys or Intel will communicate effectively with the ecosystem, reducing design risk and accelerating time-to-market.

Key Points: 
  • Joint 64 GT/s Demo Showcases Successful Interoperability, Reducing Integration Risk for Advanced High-Performance Computing SoCs
    SUNNYVALE, Calif., Sept. 18, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that its collaboration with Intel has achieved end-to-end 64 GT/s interoperability between Synopsys' IP for PCI Express (PCIe) 6.0 and Intel's PCIe 6.0-enabled test chip.
  • The demo, showcasing successful interoperability between the Synopsys endpoint PHY and Controller IP for PCIe 6.0 and Intel PCIe 6.0 test chip, will be featured in the CXL, PCIe & DRAM Emerging Technologies Community at Intel Innovation 2023, taking place September 19 and 20.
  • Synopsys' complete IP solution for PCIe 6.0 includes controllers, PHYs, verification IP and integrity and data encryption (IDE) security IP to accelerate development of chips for high-performance computing and AI applications.
  • "Intel's close collaboration with Synopsys, a leading PCIe IP provider, has once again resulted in successful interoperability using the latest PCIe standard.

Synopsys Extends Synopsys.ai EDA Suite with Industry's First Full-Stack Big Data Analytics Solution

Retrieved on: 
Wednesday, September 6, 2023

SUNNYVALE, Calif., Sept. 6, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the extension of its Synopsys.ai™ full-stack EDA suite with a comprehensive AI-driven data analytics continuum for every stage of integrated circuit (IC) chip development. The Synopsys EDA Data Analytics solution is the first of its kind in the semiconductor industry to provide AI-driven insight and optimization to drive improvements across exploration, design, manufacturing, and testing processes. The solution combines the latest advances in AI to curate and operationalize magnitudes of heterogenous, multi-domain data to accelerate root-cause analysis and achieve greater design productivity, manufacturing efficiency, and test quality.

Key Points: 
  • The Synopsys EDA Data Analytics solution is the first of its kind in the semiconductor industry to provide AI-driven insight and optimization to drive improvements across exploration, design, manufacturing, and testing processes.
  • Extending the Synopsys.ai full-stack EDA suite with a big data analytics solution provides multi-domain data aggregation and curation through AI-driven flows and methodologies that deliver significant productivity gains with improved QoR.
  • Here's what some industry leaders are saying about the new Synopsys EDA Data Analytics solution.
  • The Synopsys EDA Data Analytics Solution, including Synopsys Design.da, Synopsys Fab.da and Synopsys Silicon.da, are available now.

Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

Retrieved on: 
Tuesday, September 5, 2023

Intel’s advanced 300mm manufacturing facility in New Mexico to provide new capacity corridor for Tower, helping fuel future growth

Key Points: 
  • Intel’s advanced 300mm manufacturing facility in New Mexico to provide new capacity corridor for Tower, helping fuel future growth
    SANTA CLARA, Calif., and MIGDAL HAEMEK, Israel, Sept. 5, 2023 – Intel Foundry Services (IFS) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally.
  • This agreement demonstrates the commitment from both Intel and Tower to expand their respective foundry footprints with unparalleled solutions and scaled capabilities.
  • Stuart Pann, Intel senior vice president and general manager of Intel Foundry Services, said, “We launched Intel Foundry Services with a long-term view of delivering the world’s first open system foundry that brings together a secure, sustainable, and resilient supply chain with the best of Intel and our ecosystem.
  • This momentum is further illustrated by Intel’s recent agreement with Synopsys to develop a portfolio of intellectual property on Intel 3 and Intel 18A process nodes.

Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

Retrieved on: 
Tuesday, September 5, 2023

Intel Foundry Services (IFS) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally.

Key Points: 
  • Intel Foundry Services (IFS) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally.
  • View the full release here: https://www.businesswire.com/news/home/20230905749320/en/
    Intel Foundry Services and Tower Semiconductor, a leading foundry for analog semiconductor solutions, announce an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally.
  • (Credit: Intel Corporation)
    This agreement demonstrates the commitment from both Intel and Tower to expand their respective foundry footprints with unparalleled solutions and scaled capabilities.
  • Stuart Pann, Intel senior vice president and general manager of Intel Foundry Services, said, “We launched Intel Foundry Services with a long-term view of delivering the world’s first open system foundry that brings together a secure, sustainable, and resilient supply chain with the best of Intel and our ecosystem.

Synopsys Initiates $300 Million Accelerated Share Repurchase Agreement

Retrieved on: 
Thursday, August 24, 2023

SUNNYVALE, Calif., Aug. 24, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo Bank, NA to repurchase an aggregate of $300 million of Synopsys stock.

Key Points: 
  • SUNNYVALE, Calif., Aug. 24, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo Bank, NA to repurchase an aggregate of $300 million of Synopsys stock.
  • Under the terms of the ASR, Synopsys will receive an aggregate initial share delivery of approximately 569,000 shares, with the remainder, if any, to be settled on or before November 22, 2023, upon completion of the repurchases.
  • The specific number of shares that Synopsys ultimately repurchases under the ASR will be based on the average of Synopsys' daily volume-weighted average share prices during the repurchase period, less a discount.

Synopsys Completes Acquisition of PikeTec GmbH

Retrieved on: 
Wednesday, August 23, 2023

SUNNYVALE, Calif., Aug. 23, 2023 /PRNewswire/ -- Synopsys, Inc. (NASDAQ: SNPS) today announced it has completed the acquisition of PikeTec GmbH.

Key Points: 
  • SUNNYVALE, Calif., Aug. 23, 2023 /PRNewswire/ -- Synopsys, Inc. (NASDAQ: SNPS) today announced it has completed the acquisition of PikeTec GmbH.
  • PikeTec is one of the leaders in solutions for the testing and verification of automotive software for control unit systems.
  • "As the automotive industry evolves towards software-defined vehicles, so does the need for more efficient and effective software testing methods," said Jens Lüdemann, CEO at PikeTec.
  • The terms of the deal, which are not material to Synopsys financials, are not being disclosed.

Call for Applications Open for DataTribe’s Sixth Annual Cybersecurity Startup Challenge

Retrieved on: 
Wednesday, August 16, 2023

DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, today opened its call for applications for the 2023 Cybersecurity Startup Challenge.

Key Points: 
  • DataTribe, a global cyber foundry that invests in and co-builds next-generation cybersecurity and data science companies, today opened its call for applications for the 2023 Cybersecurity Startup Challenge.
  • The competition identifies pre-series A, technology startups with a vision to disrupt cybersecurity and data science.
  • The Challenge receives applications from founders with a wide range of cybersecurity backgrounds including from national security, defense, national laboratories, organizations specializing in cybersecurity and data science R&D as well as commercial firms.
  • DataTribe is way more than just an investor.”
    To apply for the 2023 DataTribe Challenge, please visit https://datatribe.com/challenge .

Intel Announces Termination of Tower Semiconductor Acquisition

Retrieved on: 
Wednesday, August 16, 2023

Intel Corporation (Nasdaq: INTC) today announced that it has mutually agreed with Tower Semiconductor (Nasdaq: TSEM) to terminate its previously disclosed agreement to acquire Tower due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement, dated Feb. 15, 2022.​ In accordance with the terms of the merger agreement and in connection with its termination, Intel will pay a termination fee of $353 million to Tower.

Key Points: 
  • Intel Corporation (Nasdaq: INTC) today announced that it has mutually agreed with Tower Semiconductor (Nasdaq: TSEM) to terminate its previously disclosed agreement to acquire Tower due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement, dated Feb. 15, 2022.​ In accordance with the terms of the merger agreement and in connection with its termination, Intel will pay a termination fee of $353 million to Tower.
  • “Our foundry efforts are critical to unlocking the full potential of IDM 2.0, and we continue to drive forward on all facets of our strategy,” said Pat Gelsinger, CEO of Intel.
  • This momentum is further illustrated by Intel’s recent agreement with Synopsys to develop a portfolio of intellectual property (IP) on Intel 3 and Intel 18A process nodes.
  • Intel was also awarded the first phase of the U.S. Department of Defense’s Rapid Assured Microelectronics Prototypes - Commercial (RAMP-C) program, with five RAMP-C customers in design engagement on Intel 18A.