Company

Synopsys

Official Name: Synopsys, Inc.

Headquarters: Mountain View, CA, United States

Founded: 1986 in Research Triangle Park, North Carolina.

Employees: 16,361

CEO: Dr. Aart J. de Geus

NASDAQ: SNPS -1.49%

Market Cap

$74.64 Billion

USD as of Jan. 1, 2024

Market Cap History

Company Description

Synopsys provides electronic design automation software for designing and testing integrated circuits. The company offers platforms for digital design, verification, FPGA design, and intellectual property solutions, including solutions for USB, PCI Express, and Bluetooth. Additionally, it provides system-on-chip infrastructure, security IP, optical system design tools, and security testing services.

Synopsys market capitalization over time

Evolution of Synopsys, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Synopsys, Inc.

Detailed Description

Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits. The company offers Fusion Design Platform that provides digital design implementation solutions; Verification Continuum Platform that provides virtual prototyping, static and formal verification, simulation, emulation, field programmable gate array (FPGA)-based prototyping, and debug solutions; and FPGA design products that are programmed to perform specific functions. It also provides intellectual property (IP) solutions for USB, PCI Express, DDR, Ethernet, SATA, MIPI, HDMI, and Bluetooth low energy applications; analog IP, including data converters and audio codecs; and system-on-chip (SoC) infrastructure IP, datapath and building block IP, and verification IP products, as well as mathematical and floating-point components, and Arm AMBA interconnect fabric and peripherals. In addition, the company offers logic libraries and embedded memories; configurable processor cores and application-specific instruction-set processor tools for embedded applications; IP subsystems for audio, sensor, and data fusion functionality; and security IP solutions. Further, it provides Platform Architect solutions for SoC architecture analysis and optimization; virtual prototyping solutions; and HAPS FPGA-based prototyping systems, as well as a series of tools used in the design of optical systems and photonic devices. Additionally, the company offers security testing, managed services, programs and professional services, and training that enable its customers to detect and remediate security vulnerabilities, and defects in the software development lifecycle, as well as manufacturing solutions. It serves electronics, financial services, automotive, medicine, energy, and industrial areas. The company was incorporated in 1986 and is headquartered in Mountain View, California.

Top 1-year algo backtest: +298.72%

$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.

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Key People

Founder(s): David Gregory Aart de Geus

Aart J. de Geus (Founder, Chairman & Co-CEO) Chi- Foon Chan (President & Co-CEO)

Financials

Revenue: US$4.2 billion (2021)

Net income: US$757.5 million (2021)

Details

Headquarters:

690 East Middlefield Road

Mountain View, CA 94043

United States

Phone: 650 584 5000