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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.
The market capitalization of a company, more simply referred to as "market cap", is the total market value of a publicly traded company's outstanding shares. It is often considered as a key indicator of what a company is worth.