NASDAQ-NMS:SNPS

Synopsys to Showcase Next Gen Polaris Software Integrity Platform® at RSA Conference

Retrieved on: 
Tuesday, April 4, 2023
Cloud, GitHub, Software as a service, GitLab, Gartner, Polaris, Workflow, Risk management, Fast, Antioch Hall, North and South Halls, SCA, Organization, SNPS, RSA, Business Integration Group, Inc., SAST, Jenkins, Unified communications management, Conference, Automation, Video game, Online shopping, DevOps, Synopsys

MOUNTAIN VIEW, Calif., April 4, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will showcase the Fast Application Security Testing (fAST) offerings that represent the latest capabilities and features of the Polaris Software Integrity Platform® at RSA Conference 2023, April 24-27 in San Francisco. Synopsys fAST Static and Synopsys fAST SCA enable DevOps teams to quickly find and fix vulnerabilities in their proprietary code and open source dependencies through a single fully integrated SaaS platform.

Key Points: 
  • MOUNTAIN VIEW, Calif., April 4, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will showcase the Fast Application Security Testing (fAST) offerings that represent the latest capabilities and features of the Polaris Software Integrity Platform ® at RSA Conference 2023, April 24-27 in San Francisco.
  • The latest enhancements to the Polaris Software Integrity Platform accelerate development, DevOps and security team workflows by enabling them to:
    Perform static application security testing (SAST) and software composition analysis (SCA) through a single platform.
  • The Synopsys fAST Static and Synopsys fAST SCA offerings are generally available with multiple stand-alone and combined configurations available for purchase.
  • Those attending RSA Conference 2023 can get a first-hand look at Polaris and speak with a Synopsys representative at booth #1135 in the South Hall.

Synopsys.ai Unveiled as Industry's First Full-Stack, AI-Driven EDA Suite for Chipmakers

Retrieved on: 
Wednesday, March 29, 2023
Kurdistan, IBM, Regression analysis, Human, Renesas Electronics, EDA, Lead, Innovation, OIP, Blog, SNPS, Silicon, Advanced Technology Group, Climate change, GM, NVIDIA, Engineering, TSMC, Digital, AI, MediaTek, Research, PPA, Hunger, Conference, Automation, IBM Research, Medical device, Printed circuit board, Customer service, Dietary supplement, Verification, Analog, IP, Synopsys

SANTA CLARA, Calif., March 29, 2023 /PRNewswire/ --

Key Points: 
  • Renesas, a leader in the automotive space, is already using Synopsys.ai to shave weeks off product development times with enhanced silicon performance and cost reduction.
  • The Synopsys.ai EDA suite includes AI-driven solutions:
    Digital design space optimization to achieve power, performance and area (PPA) targets, and boost productivity ( used in 100 production tape-outs by January 2023 ).
  • Verification coverage closure and regression analysis for faster functional testing closure, higher coverage and predictive bug detection.
  • Automated test generation resulting in fewer, optimized test patterns for silicon defect coverage and faster time to results.

World's Biggest Chip Design Technology Users Event Reopens Live in Silicon Valley

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Friday, March 17, 2023
Amazon Web Services, Mercedes-Benz, Samsung Electronics, GlobalFoundries, EDA, Arm, Microsoft, IP, Georgia Cryptologic Center, Santa Clara Convention Center, Thought, SNPS, Silicon, TSMC, Communication, Azure, AI, SVP, News, Conference, Video game, Management, Online shopping, Mobile phone, Synopsys

MOUNTAIN VIEW, Calif., March 17, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the official countdown to the chip design sector's largest EDA user conference and the company's biggest global event of the year. The Synopsys Users Group (SNUG) Silicon Valley event celebrates its post-pandemic return in-person running from March 29 to 30 at the Santa Clara Convention Center with free entry for Synopsys technology users. Platinum sponsors include Arm, Amazon Web Services, GlobalFoundries, Microsoft Azure, Samsung Foundry and TSMC.

Key Points: 
  • The follow-on global SNUG roadshow is set to attract 12,000, making SNUG the world's most influential EDA technology users conference.
  • Synopsys Chair and CEO Aart de Geus will open the Silicon Valley event, sharing the company's latest thinking and product news.
  • The event is open to all Synopsys technology users.
  • The Synopsys Users Group (SNUG) Silicon Valley event celebrates its post-pandemic return in-person running from March 29 to 30 at the Santa Clara Convention Center with free entry for Synopsys technology users.

Synopsys Initiates $300 Million Accelerated Share Repurchase Agreement

Retrieved on: 
Thursday, February 23, 2023
Synopsys, ASR, Share repurchase, Bank, SNPS, Car rental

MOUNTAIN VIEW, Calif., Feb. 23, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America N.A.

Key Points: 
  • MOUNTAIN VIEW, Calif., Feb. 23, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America N.A.
  • 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 718,000 shares, with the remainder, if any, to be settled on or before May 12, 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 to Present at Upcoming Investor Events

Retrieved on: 
Wednesday, February 22, 2023
Synopsys, PT, SNPS

MOUNTAIN VIEW, Calif., Feb. 22, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the following presentations for the investment community.

Key Points: 
  • MOUNTAIN VIEW, Calif., Feb. 22, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced the following presentations for the investment community.
  • Tuesday, March 7 at 9:50 a.m. PT / 12:50 p.m.
  • ET
    There will be a live audio webcast and a replay will be available following the live event.
  • Both live webcast and replay can be accessed via the Synopsys corporate website at https://investor.synopsys.com/overview/default.aspx

Synopsys Study Underscores Need for Comprehensive SBOM as Best Defense in Software Supply Chain Security

Retrieved on: 
Wednesday, February 22, 2023
Retail, Organization, SNPS, Internet of things, Educational technology, Aerospace, Log4Shell, E-commerce, SBOM, Acquisition, Ministry of Equipment, Transport and Logistics (Morocco), Robotics, Quilon Aerodrome, Risk, Business Integration Group, Inc., Open source, Growth, IP, Transport, Rare-earth element, Risk management, Online shopping, Aviation

MOUNTAIN VIEW, Calif., Feb. 22, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today released the eighth edition of the Open Source Security and Risk Analysis (OSSRA) report. Produced by the Synopsys Cybersecurity Research Center (CyRC), the 2023 OSSRA report examines the results of more than 1,700 audits of commercial and proprietary codebases involved in merger and acquisition transactions and highlights trends in open source usage across 17 industries.

Key Points: 
  • Only with this complete inventory – a Software Bill of Materials (SBOM) – can organizations establish a strategy to address risk stemming from new security disclosures like Log4Shell.
  • This is a foundational strategy towards understanding and reducing business risk by defending against software supply chain attacks."
  • Organizations leveraging any type of third-party software should rightfully assume that it contains open source.
  • Verifying this, and staying on top of the associated risk, is as simple as obtaining an SBOM – something easily provided by a vendor taking the necessary steps to secure their software supply chain."

Synopsys Posts Financial Results for First Quarter Fiscal Year 2023

Retrieved on: 
Wednesday, February 15, 2023
FPGA, Software, Bank statement, SNPS, Configurator, Government, Table, GAAP, Bank, Security (finance), Synopsys

MOUNTAIN VIEW, Calif., Feb. 15, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today reported results for its first quarter of fiscal year 2023. Revenue for the first quarter of fiscal year 2023 was $1.361 billion, compared to $1.270 billion for the first quarter of fiscal year 2022.

Key Points: 
  • GAAP earnings per diluted share: $1.75
    Non-GAAP earnings per diluted share: $2.62
    MOUNTAIN VIEW, Calif., Feb. 15, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today reported results for its first quarter of fiscal year 2023.
  • Revenue for the first quarter of fiscal year 2023 was $1.361 billion, compared to $1.270 billion for the first quarter of fiscal year 2022.
  • On a generally accepted accounting principles (GAAP) basis, net income for the first quarter of fiscal year 2023 was $271.5 million, or $1.75 per diluted share, compared to $313.7 million, or $1.99 per diluted share, for the first quarter of fiscal year 2022.
  • Synopsys also provided its consolidated financial targets for the second quarter and full fiscal year 2023.

AI-designed Chips Reach Scale with First 100 Commercial Tape-outs Using Synopsys Technology

Retrieved on: 
Tuesday, February 7, 2023
Cloud, SNPS, STMicroelectronics, PPA, Electronics, MPU-401, Microsoft, Significance, SK, Engineering, ST, SOC, Microsoft Azure, Blog, AI, GM, Video game, Azure, Synopsys

MOUNTAIN VIEW, Calif., Feb. 7, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) reaches scale for AI-driven chip designs as major semiconductor customers register the first 100 commercial tape-outs with the company's award-winning Synopsys DSO.ai™ autonomous design system. Recent customers, including STMicroelectronics and SK hynix, have all seen significant uplifts in productivity and PPA, and are now charting a new design course using reinforcement learning-enabled design tools on cloud and on-premise.

Key Points: 
  • (Nasdaq: SNPS ) reaches scale for AI-driven chip designs as major semiconductor customers register the first 100 commercial tape-outs with the company's award-winning Synopsys DSO.ai™ autonomous design system.
  • By using Synopsys DSO.ai (Design Space Optimization AI) the companies are setting a blistering pace for the development of advanced-node chips through the key design phases.
  • STMicroelectronics taped-out using Synopsys DSO.ai coupled with Synopsys Fusion Compiler™ and Synopsys IC Compiler™ II physical implementation tools.
  • "We've monitored the first 100 commercial tape-outs by customers using Synopsys DSO.ai and the results are compelling.

Synopsys Channel and Alliances Leader Tom Herrmann Recognized as 2023 CRN Channel Chief

Retrieved on: 
Monday, February 6, 2023
CRN, SNPS, The Channel Company, Software, Ecosystem, Risk, Channel, Business Integration Group, Inc., Management, Synopsys

MOUNTAIN VIEW, Calif., Feb. 6, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that CRN®, a brand of The Channel Company, has recognized Tom Herrmann, vice president of Global Channels and Alliances for the Synopsys Software Integrity Group, on its 2023 Channel Chiefs list. The designation marks Herrmann's second consecutive appearance on CRN's annual Channel Chiefs list since joining Synopsys, which identifies top IT channel vendor executives who continually demonstrate expertise, influence and innovation in channel leadership.

Key Points: 
  • Synopsys executive earns CRN's Channel Chief honor for second consecutive year, demonstrating expertise, influence and innovation in channel leadership
    MOUNTAIN VIEW, Calif., Feb. 6, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today announced that CRN ®, a brand of The Channel Company , has recognized Tom Herrmann, vice president of Global Channels and Alliances for the Synopsys Software Integrity Group, on its 2023 Channel Chiefs list.
  • Following the first year of his tenure, CRN recognized Herrmann as a Channel Chief in 2022 and also awarded the Synopsys Partner Program with a prestigious 5-star rating in its Partner Program Guide later that year.
  • "Earning the top industry accolade in back-to-back campaigns is incredibly special, and I am once again honored to be named a CRN Channel Chief," said Herrmann.
  • The 2023 CRN Channel Chiefs were selected by the editorial staff based on their record of business innovation and dedication to the partner community.

Synopsys Announces Earnings Release Date for First Quarter Fiscal Year 2023

Retrieved on: 
Wednesday, February 1, 2023
SNPS, Synopsys, International, Rare-earth element, Pharmaceutical industry, Broadcasting

MOUNTAIN VIEW, Calif., Feb 1, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2023 on Wednesday, February 15, 2023, after the market close.

Key Points: 
  • MOUNTAIN VIEW, Calif., Feb 1, 2023 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the first quarter fiscal year 2023 on Wednesday, February 15, 2023, after the market close.
  • A webcast replay can be accessed on the corporate website beginning Wednesday, February 15, 2023, at approximately 5:00 p.m. PT.
  • The replay will be available until Synopsys announces its second quarter fiscal year 2023 results in May 2023.
  • In addition, a dial-up replay of the conference call will be available beginning February 15, 2023, at 5:00 p.m. PT, ending on February 22, 2023, at midnight.