Synopsys Inc. (SNPS) Sector
Information Technology

(Current) $504.69
-6.55 (-1.28%) Open Price: 501.35

Synopsys Inc. is a global technology company specializing in electronic design automation (EDA) software and semiconductor intellectual property (IP). The company was founded in 1986 by Dr. Aart J. de Geus and a team of engineers in Mountain View, California, USA. Its initial focus was on creating EDA tools that could significantly improve the efficiency and accuracy of chip design and verification processes.

As one of the pioneers in the EDA industry, Synopsys played a crucial role in revolutionizing chip design methodologies and significantly reducing design cycle times. Over the years, the company has grown and expanded its product portfolio to address the evolving needs of the semiconductor industry.

Synopsys offers a wide range of software tools and solutions that cover various aspects of chip design, verification, and testing. These tools are used by semiconductor companies, system integrators, and electronics manufacturers to design and validate complex semiconductor chips and systems.

The company's solutions help in optimizing performance, power consumption, and reliability of electronic systems. They also offer IP solutions, including processor cores, memory interfaces, and connectivity solutions, which can be integrated into chip designs to accelerate time-to-market for customers.

Synopsys is a publicly traded company and is listed on the Nasdaq Global Select Market under the ticker symbol "SNPS." With a presence in over 25 countries and serving customers worldwide, Synopsys has become a leading provider of EDA software and semiconductor IP. The company's customer base includes leading semiconductor companies, system manufacturers, and electronics companies in various industries.

As the semiconductor industry continues to evolve and demand for advanced electronic products grows, Synopsys remains at the forefront of innovation, providing cutting-edge solutions that empower engineers to create state-of-the-art electronic systems.

(10/16/24) $501.35
(10/18/24) $511.24
(10/18/24) (Qty.)1,113,750
(10/16/24) $495.50
(10/16/24) $515.97
(10/06/24) $489.45
(10/13/24) $550.59
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