Synopsys Inc.

Company Overview

Synopsys, Inc. (Synopsys) offers electronic design automation (EDA) software that it uses to design and test ICs. The company operates through three segments:

• Design Automation: It provides software and Type used to validate the electronic systems incorporating chips and the software running on them. It provides technical services and support to help its customers develop advanced chips and electronic systems.

• Design IP: It offers semiconductor intellectual property (IP) products with pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves.

• Software Integrity: It includes software tools and services that improve the security, quality, and compliance of software in various industries, such as electronics, financial services, automotive, medicine, energy, and industrials.

Synopsys operates across the Americas, Europe, China, and Korea. The company primarily serves the semiconductor and electronics industry.

Financial Highlights (FY 2024)

Company's Business Segments

• Design Automation : This segment includes the company's advanced silicon design, verification products, services, and system integrations.
• Design IP : This segment includes interface, foundation, security, embedded processor IP, IP subsystems, and IP implementation services that serve companies primarily in the semiconductor and electronics industries.