Synopsys, Inc.
NasdaqGS:SNPS
$ 583.71
$-5.97 (-1.05%)
$ 583.71
$-5.97 (-1.05%)
Real-time: 03/25/2024 15:59

About Synopsys

Synopsys, Inc. provides products and services used across the entire Silicon to Software spectrum to bring Smart Everything to life. Synopsys share price history

The company is a global leader in supplying the electronic design automation (EDA) software that engineers use to design and test integrated circuits (ICs), also known as chips or silicon. The company provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them, including cloud-based digital design flow to boost chip-design development productivity. The company also provides technical services and support to help its customers develop advanced chips and electronic systems. These products and services are part of the company's Design Automation segment.

The company also offers a broad and comprehensive portfolio of semiconductor intellectual property (IP) products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. These products and services are part of the company's Design IP segment.

The company is also a leading provider of software tools and services that improve the security, quality and compliance of software in a wide variety of industries, including electronics, financial services, automotive, medicine, energy and industrials. These tools and services are part of the company's Software Integrity segment.

Products and Services

Design Automation Segment Synopsys share price history

The company's Design Automation segment includes the EDA and Other revenue groups.

EDA

Designing ICs involves many complex steps, including, among others architecture definition, register transfer level (RTL) design, functional/RTL verification, logic design or synthesis, gate-level verification, floor planning, place and route, and physical verification. Designers use the company's EDA products to automate the IC design process, reduce errors and enable more powerful and robust designs.

As the availability and amount of cloud-based data storage grows, customer interest in accessing EDA on the cloud is also increasing as customers seek to benefit from the scalability and flexibility that cloud computing can offer to their flows and engineering teams. While many of the company's solutions have been used in cloud-based environments for years, such as in a customer's own server and/or cloud environment, in fiscal 2022 it launched a Synopsys Cloud offering that provides customers additional options for accessing its EDA products in their own cloud environments and in the industry's first EDA Software-as-a-Service solution developed in partnership with Microsoft Azure.

The company's solutions comprehensively address the design process, featuring a large number of EDA products that generally fall into the following categories:

Digital and custom IC design and field programmable gate array (FPGA) design, which includes software tools to design, verify, implement and prepare an IC for manufacturing;

Verification, which includes technology to verify that an IC design behaves as intended;

Manufacturing, which includes products that both enable early manufacturing process development and convert IC design layouts into the masks used to manufacture the chips; and

AI driven EDA solutions, which include artificial intelligence (AI) and machine learning tools to complement its EDA software stack.

Digital and Custom IC Design

The company's Digital Design Family provides customers with a comprehensive digital design implementation solution that includes industry-leading products and redefines conventional design tool boundaries to deliver a more integrated flow than ever before, with better quality and time to results. The platform gives designers the flexibility to integrate internally developed tools, as well as those from third parties. With innovative technologies, a common foundation, and flexibility, the company's Digital Design Family helps reduce design times, decrease uncertainties in design steps, and minimize the risks inherent in advanced, complex IC design. The platform supports multiple technology nodes, including advanced nodes at 12nm, 10nm, 8/7nm, 6 nm, 5/4nm, and 3nm, with technology collaborations on next-generation process technologies.

Key design products are available as part of the Digital Design Family and include Fusion Compiler RTL to GDSII design implementation, Design Compiler logic synthesis, IC Compiler II physical design, Synopsys TestMAX test and diagnosis, PrimeTime static timing analysis, StarRC parasitic extraction, IC Validator physical verification and 3DIC Compiler, the industry's first next-generation chip packaging solution, aimed at enabling customers to combine or stack multiple dice on a single chip. Many of the company's EDA solutions are bolstered by AI and machine learning capabilities. In addition, the company offers Synopsys.ai, the first product in the market that brings AI to the entire design process. This groundbreaking solution handles design complexity and takes over repetitive tasks, such as design space exploration, verification coverage and regression analytics, as well as test program generation, while helping to optimize power, performance, and area.

The company's Custom Design Family is a unified suite of design and verification tools that accelerates the transistor-level design of robust analog, mixed-signal, and custom-digital ICs. The platform features visually assisted layout automation, high-performance circuit simulation, reliability-aware verification, and natively integrated StarRC extraction and physical verification. This product family includes Custom Compiler layout and schematic editor, StarRC parasitic extraction, IC Validator physical verification, and PrimeSim. The PrimeSim solution integrates PrimeSim SPICE, PrimeSim HSPICE, PrimeSim Pro and PrimeSim XA. The PrimeWave design environment is also included and provides comprehensive analysis and improved productivity and ease of use across all tools in PrimeSim.

The company's Silicon Lifecycle Management (SLM) Family is a data analytics-driven platform that uses in-chip monitoring and sensing to optimize all phases of the silicon lifecycle-from design and manufacturing to in-field deployment and maintenance. The solution is integrated with the Digital Design Family for design calibration and analytics and includes Yield Explorer for product ramp analytics, SiliconDash for test and production analytics, TestMAX ALE (adaptive learning engine) for intelligent data extraction and communication to the SLM database and DesignWare PVT IP for in-chip monitoring and sensing.

FPGA Design

FPGAs are complex chips that can be customized or programmed to perform a specific function after they are manufactured. For FPGA design, the company offers Synplify implementation software.

Verification

The company's Verification Family is built from its industry-leading verification technologies, providing virtual prototyping, static and formal verification, simulation, emulation, FPGA-based prototyping, and debug in a unified environment with verification IP, planning, and coverage technology. By providing consistent compile, runtime and debug environments across the flow of verification tasks and by enabling seamless transitions across functions, the platform helps its customers accelerate chip verification, bring up software earlier, and get to market sooner with advanced SoCs.

The individual products and solutions included in the Verification Family include the following:

VC SpyGlass family of static verification technologies, including lint, CDC (clock domain crossing), RDC (reset domain crossing), Constraint Checking, Synopsys TestMAX Advisor, and low-power analysis and verification;

VCS functional verification solution, the company's comprehensive RTL and gate-level simulation technology, including Fine-Grained Parallelism;

Verdi automated debug system, the industry's most comprehensive SoC debug;

VC Formal, the company's next-generation formal verification product;

ZeBu emulation systems, which use high-performance hardware to emulate SoC designs so that designers can accelerate hardware, software and power verification of large complex SoCs and perform earlier verification and optimization of the SoC together with software;

HAPS FPGA-based prototyping systems, which are integrated and scalable hardware-software solutions for early software development and faster time to market;

Virtualizer virtual prototyping solution, which addresses the increasing development challenges associated with software-rich semiconductor and electronic products by accelerating both the development and deployment of virtual prototypes;

Platform Architect solution, which provides for early analysis and optimization of multi-core SoC architectures for performance and power; and

Other principal individual verification solutions, including the PrimeSim solution and the PrimeWave design environment.

Manufacturing

The company's manufacturing solutions include Sentaurus technology computer-aided design device and process simulation products, Proteus mask synthesis tools, CATS mask data preparation software, Yield Explorer Odyssey, Yield-Manager yield management solutions and QuantumATK atomic-scale modeling software.

The company also provides consulting and design services that address all phases of the SoC development process, as well as a broad range of expert training and workshops on its latest tools and methodologies.

AI Driven EDA Stack

The company's EDA software stack spanning design, verification, and manufacturing is augmented with AI and machine learning through its Synopsys.ai suite of complementary solutions. Starting in design with design space optimization that autonomously learns through quickly exploring potential design alternatives, enabling engineers to develop superior design outcomes with significantly reduced effort, as well as learning-based design retargeting to derivative processes, improved test coverage through AI-driven models while reducing test vectors and tester time, and analysis of silicon performance and quality that is leveraged for optimizing next-generation revisions of design.

The Synopsys.ai solutions include:

DSO.ai: Design Space Optimization for best quality of results and productivity with scaling of exploration design workflows;

VSO.ai: Verification Space Optimization for improved functional verification coverage and faster turnaround time;

TSO.ai: Test Space Optimization for reduced pattern count, turnaround time and higher coverage;

ASO.ai: Analog Space Optimization for analog layout optimization and migration;

Design.da: Design data analytics for actionable insights to unlock untapped power, performance, and area;

Silicon.da: Silicon data analytics for root-cause analysis and part-level traceability of failures; and

Fab.da: Manufacturing data analytics for improved process control, time-to-market, and user productivity.

Other

The company's other product group includes revenue from sales of products to university programs, as well as its optical products, mechatronic simulation, and the impact of gains and losses from foreign currency hedges.

Design IP Segment

The company's Design IP segment includes its Design IP products, which service companies primarily in the semiconductor and electronics industry.

Design IP Products

As more functionality converges into a single chip or even a multi-die system, the number of third-party IP blocks incorporated into designs is rapidly increasing. The company provides the broadest, most comprehensive portfolio of high-quality, silicon-proven IP solutions for SoCs. The company's broad Synopsys IP portfolio includes:

High-quality solutions for widely used wired and wireless interfaces, such as USB, PCI Express, DDR, Ethernet, MIPI, HDMI, and Bluetooth Low Energy;

Logic libraries and embedded memories, including memory compilers, non-volatile memory, and standard cells with integrated test and repair;

Processor solutions, including configurable ARC processors, Neural Network processors, Digital Signal Processor cores, and software and application-specific instruction-set processor tools for embedded applications;

Security IP solutions, including cryptographic cores and software, security subsystems, platform security and secured interface IP;

An industry-leading IP offering for the automotive market, optimized for strict functional safety and reliability standards, such as ISO 26262; and

SoC infrastructure IP, datapath and building block IP, mathematical and floating-point components, Arm AMBA interconnect fabric and peripherals, and verification IP.

The company's IP Accelerated initiative augments its established, broad portfolio of silicon-proven Synopsys IP with IP Prototyping Kits and customized IP subsystems to accelerate prototyping, software development, and integration of IP into SoCs.

The company offers a broad portfolio of IP that has been optimized to address specific application requirements for the mobile, automotive, digital home, Internet of things, and cloud computing markets, enabling designers to quickly develop SoCs in these areas.

Software Integrity Segment

The company's Software Integrity segment helps organizations align people, processes and technology to intelligently address software risks across their portfolio and at all stages of the application lifecycle. The testing tools, services, and programs enable the company's customers to manage open source license compliance and detect, prioritize, and remediate security vulnerabilities and defects across their entire software development lifecycle. The company's offerings include security and quality testing products, managed services, programs and professional services, and training offered as on-premises and cloud-based delivery.

The Polaris Software Integrity Platform is designed to bring the company's products and services together into an integrated, easy-to-use solution that enables security and development teams to build secure, high-quality software faster.

Key offerings in this space include:

Intelligent Orchestration solution, which enables DevOps to build a testing pipeline that enables a company to define-within its particular policy guidelines-the rules to determine which tests to run, including the Synopsys portfolio tests, third party products, or open source tests;

Software Risk Manager, which correlates and prioritizes findings from the Synopsys portfolio, third party products, and open source tools, providing a comprehensive view of software security risk;

Coverity static analysis tools, which analyze software code to find crash-causing bugs, incorrect program behavior, the latest security vulnerabilities, memory leaks and other performance-degrading flaws;

Black Duck software composition analysis tools, which scan binary and source code for license and compliance issues and other known security vulnerabilities stemming from incorporated third-party and open source code;

WhiteHat Dynamic, the company's latest dynamic application security testing solution, which rapidly and accurately finds vulnerabilities in websites and applications;

Seeker IAST tool, which identifies exploitable security vulnerabilities while web applications are running, thereby verifying results and eliminating false positives; and

Defensics fuzz testing tools, which examine security vulnerabilities in software binaries and libraries, particularly network protocols and file formats, by systematically sending invalid or unexpected inputs to the system under test.

Managed services allow developers to test code across many dimensions, and to rapidly respond to changing testing requirements and evolving threats. This includes mobile application security testing services to find vulnerabilities in mobile applications, as well as dynamic application security testing services, which identify security vulnerabilities while web applications are running, without the need for source code.

Programs and professional services address unique security and quality needs with specialized consulting by skilled experts, including the Building Security in Maturity Mode, which measures the effectiveness of software security initiatives by assessing the current state as compared to industry benchmarks, and the Black Duck on demand audit services, which provides open source compliance and software vulnerability assessments as part of the due diligence process for mergers and acquisitions.

Finally, training includes eLearning and instructor-led training that prepares developers and security professionals to build security and quality into their software development process and remediate found vulnerabilities and defects.

Customer Service and Technical Support

A high level of customer service and support is critical to the adoption and successful use of the company's products. The company provides technical support for its products through application engineering teams.

Post-contract customer support includes providing frequent updates to maintain the utilization of the software due to rapid changes in technology. In the company's Design Automation and Design IP segments, post-contract customer support for its EDA and IP products also includes access to the SolvNet Plus portal, where customers can explore its complete design knowledge database, get self-help and get support. Updated regularly, the SolvNet Plus portal includes technical documentation, design tips and answers to user questions. Customers can also engage, for additional charges, with the company's worldwide network of applications consultants for additional support needs.

In the company's Software Integrity segment, post-contract customer support for its products includes access to its support community portal, where customers can access its product documentation, self-service training materials, customer forums and its product knowledge base. Customers can also raise support tickets, request replacement license keys and validate the terms of their active license keys through the portal. The company's support community portal is frequently updated with new and supplemental materials on a variety of topics. Customers may engage dedicated support engineers for an additional charge.

In addition, the company offers training workshops designed to increase customer design proficiency and productivity with its products. Workshops cover the company's EDA products and methodologies used in its design and verification flows, as well as specialized modules addressing systems design, logic design, physical design, simulation and testing. The company offers regularly scheduled public and private courses in a variety of locations worldwide, as well as online training (live or on-demand) through its Virtual Classrooms.

Product Warranties

The company generally warrants its products to be free from defects in media and to substantially conform to material specifications for a period of 90 days for its software products and for up to six months for its hardware products. In certain cases, the company also provides its customers with limited indemnification with respect to claims that their use of its software products infringes on patents, copyrights, trademarks or trade secrets.

Support for Industry Standards

The company actively creates and supports standards that help its EDA and IP customers increase productivity, facilitate efficient design flows, improve interoperability of tools from different vendors and ensure connectivity, functionality and interoperability of IP building blocks. Standards in the electronic design industry can be established by formal accredited organizations, industry consortia, company licensing made available to all, de facto usage, or through open source licensing.

In the company's Design Automation segment, its EDA products support many standards, including the most commonly used hardware description languages: SystemVerilog, Verilog, VHDL and SystemC. The company's products utilize numerous industry-standard data formats, APIs and databases for the exchange of design data among its tools, other EDA vendors' products and applications that customers develop internally.

In the company's Design IP segment, it complies with a wide range of industry standards within its IP product family to ensure usability and interconnectivity.

In the company's Software Integrity segment, its solutions support several existing and emerging industry standards for software coding and security, such as the Motor Industry Software Reliability Association coding standards for the automotive industry. In addition, the company's products support multiple major programming languages, including C/C++, Objective C, C#, JavaScript (including many commonly used frameworks), and others. In addition, the company supports many common compilers, development environments, frameworks, and data and file formats.

Sales and Distribution

The company's Design Automation and Design IP segment customers are primarily semiconductor and electronics systems companies. The customers for products in the company's Software Integrity segment include many of these companies, as well as companies from a wider array of industries, including electronics, financial services, automotive, medicine, energy and industrials.

The company markets its products and services principally through direct sales in the United States and its principal foreign markets. The company's Software Integrity segment continues to grow its indirect sales partner program, enabling its Software Integrity segment to engage geographies beyond the reach of its direct sales force and opening opportunities in targeted vertical markets. The company typically distributes its software products and documentation to customers electronically, but provides physical media (e.g., DVD-ROMs) when requested by the customer.

The company maintains sales and support centers throughout the United States. Outside the United States, the company maintains sales, support or service offices in Canada, multiple countries in Europe, Israel and throughout Asia, including Japan, China, Korea, India, and Taiwan.

Product Sales and Licensing Agreements

The company typically licenses its software to customers under non-exclusive license agreements that restrict use of its software to specified purposes within specified geographical areas. The majority of licenses to the company's EDA products are network licenses that allow a number of individual users to access the software on a defined network, including, in some cases, regional or global networks. The majority of licenses to the company's Software Integrity products are capacity or user licenses that allow a number of users to access the software based on a specified number of team members or specified code-bases in a defined territory. License fees depend on the type of license, product mix, and number of copies of each product licensed.

The company typically licenses Synopsys IP products under nonexclusive license agreements that provide usage rights for specific designs. Fees under these licenses are typically charged on a per design basis plus, in some cases, royalties.

The company's hardware products, which principally consist of its prototyping and emulation systems, are either sold or leased to its customers.

The company's professional services team typically provides design consulting services to its customers under consulting agreements with statements of work specific to each project.

Competition

The company's competitors include EDA vendors that offer varying ranges of products and services, such as Cadence Design Systems, Inc. and Siemens EDA.

Within the company's Design IP segment, it competes against numerous other IP providers, including Cadence Design Systems, Inc.

The company competes with frequent new entrants, which include start-up companies and more established software companies. For example, competitors named in the Gartner Magic Quadrant for Application Security Testing include Checkmarx Ltd., Veracode, Inc., Open Text Corporation, GitHub, Inc. and Snyk Ltd.

Proprietary Rights

The company has a diversified portfolio of more than 3,300 United States and foreign patents issued, and it will continue to pursue additional patents in the future. The company's issued patents have expiration dates through 2044.

History

Synopsys, Inc. was founded in 1986. The company was incorporated in 1986 in North Carolina and reincorporated in 1987 in Delaware.

Country
Founded:
1986
IPO Date:
02/26/1992
ISIN Number:
I_US8716071076

Contact Details

Address:
675 Almanor Avenue, Sunnyvale, California, 94085, United States
Phone Number
650-584-5000

Key Executives

CEO:
Ghazi, Sassine
CFO
Glaser, Shelagh
COO:
Data Unavailable