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Company Description

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690 East Middlefield Road

Mountain View, CA 94043

United States

Phone: 650-584-5000

Fax:

Synopsys, Inc. provides software, intellectual property (IP), and services used to design integrated circuits (ICs) and electronic systems worldwide. The company supplies the electronic design automation (EDA) software that engineers use to design and test ICs, commonly called chips. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip designs instead of designing those circuits themselves. The company provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. To complement these product offerings, it provides technical services to support its solutions and help its customers develop chips and electronic systems. The company provides software tools that developers use to improve the quality and security of software code in various industries, including electronics, financial services, energy, and industrials. Products and Services The company’s products and services are reported in four groups, such as Core EDA, which includes its digital and custom IC design products, verification products, and field-programmable gate array (FPGA) design products; IP, systems and software Integrity, which includes its DesignWare IP portfolio, its system-level design products, and its software quality and security testing solutions; manufacturing solutions; and professional services and other. Core EDA The process of designing ICs contains various complex steps, such as architecture definition, register transfer level (RTL) design, functional/RTL verification, logic design or synthesis, gate-level verification, floorplanning, and place and route, to name just a few. Designers use the company’s Core EDA products to automate the IC design process and to reduce errors. The company offers various Core EDA products intended to address the process comprehensively. The company offers various Core EDA products intended to address the process comprehensively. Its core EDA products generally fall into various categories, such as digital and custom IC design, which includes software tools to design an IC; verification, which includes technology to verify that an IC design behaves as intended; and FPGA Design, which includes software tools to design FPGAs, a complex, configurable form of IC. Digital and Custom IC Design The company’s Galaxy design platform provides its customers with a single, integrated chip design solution that includes individual products and incorporates common libraries and consistent timing, delay calculation and constraints throughout the design process. The platform allows designers the flexibility to integrate internally developed and third-party tools. The company’s products span digital, custom and analog/mixed-signal designs. The company’s principal design products, available as part of the Galaxy Design Platform or as individual point tools, are its IC Compiler and IC Compiler II physical design solutions, Design Compiler logic synthesis product, Galaxy Custom Designer and Laker Layout custom design solutions, PrimeTime timing analysis products, StarRC product for extraction, and IC Validator tool for physical verification. Verification The company’s Verification Continuum platform is built from its verification technologies, providing virtual prototyping, static and formal verification, simulation, emulation, FPGA-based prototyping, and debug in a unified environment with verification IP and planning and coverage technology. The platform helps the company’s customers accelerate software development and time-to-market for their advanced system-on-chips (SoCs). The individual products included in Verification Continuum span both the company’s Core EDA and IP, Systems and Software Integrity categories. The company’s Verification Compiler solution, which is a portfolio of integrated, next-generation verification technologies that include advanced debug (its Verdi solution), simulation (its VCS comprehensive RTL verification technology), static and formal verification technology, verification IP, and planning and coverage technology. In addition to their inclus

 

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Valuation SNPS Industry Range
Price/Earnings 36.2x
Price/Sales 3.6x
Price/Book 2.6x
Price/Cash Flow 21.9x
TEV/Sales 3.0x
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