Synopsys Inc Stock Price, News & Analysis

Synopsys (SNPS) and SiMa.ai have announced a strategic collaboration to accelerate the development of automotive edge AI solutions. The partnership combines Synopsys' EDA, automotive-grade IP, and verification solutions with SiMa.ai's machine learning accelerator IP and ML software stack.

The joint solution aims to enable early architecture exploration, shift-left software development, cost-effective in-vehicle experiences, and continuous upgradeability of automotive edge AI solutions. The collaboration focuses on powering AI-enabled features in next-generation automobiles, particularly for Advanced Driver Assistance Systems (ADAS) and In-vehicle Infotainment (IVI) applications.

Synopsys has announced the industry's first Ultra Ethernet IP and UALink IP solutions designed to connect massive AI accelerator clusters. The Ultra Ethernet IP solution will enable up to 1.6 Tbps of bandwidth, connecting up to one million endpoints, while the UALink IP solution offers up to 200 Gbps throughput per lane, linking up to 1,024 accelerators.

These solutions address the growing demand for standards-based, high-bandwidth, and low-latency HPC and AI accelerator interconnects. Built on Synopsys' existing Ethernet and PCIe IP technology, which has enabled over 5,000 successful customer tapeouts, the new solutions are being developed in collaboration with industry leaders including AMD, Astera Labs, Juniper Networks, Tenstorrent, and XConn.

The Ultra Ethernet IP solution is scheduled for availability in first half 2025, while the UALink IP solution will be available in second half 2025.

Synopsys (SNPS) reported strong Q4 and fiscal year 2024 results, with quarterly revenue reaching $1.636 billion, up 11% YoY. The company achieved record full-year revenue of $6.127 billion, representing 15% YoY growth. Q4 GAAP EPS was $1.79, while non-GAAP EPS reached $3.40, up 13% YoY.

The company completed the sale of its Software Integrity business on September 30, 2024, and is progressing with its planned Ansys acquisition, expected to close in H1 2025. The Hart-Scott-Rodino Act waiting period has expired, and Synopsys is working with FTC staff to conclude the investigation. Looking ahead, the company expects double-digit revenue growth in 2025, while acknowledging potential impacts from macro uncertainties and fiscal year calendar changes.

Synopsys (SNPS) has scheduled its fourth quarter and fiscal year 2024 earnings release for Wednesday, December 4, 2024, after market close. The company will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time to discuss financial results and business outlook. A live webcast will be available on the corporate website, with participants advised to join 10 minutes before the call. A replay will be accessible until the Q1 FY2025 results announcement in February 2025.

Clearlake Capital Group and Francisco Partners have completed their acquisition of Synopsys Software Integrity Group, now rebranded as Black Duck Software, Inc. The transaction, valued at up to $2.1 billion, includes a potential $475 million cash payout based on future performance. Jason Schmitt will continue as CEO of the newly independent company, which retains its comprehensive portfolio of application security solutions.

Black Duck aims to help organizations build trust in their software for innovation and business transformation. The company's product lineup includes the Polaris SaaS Platform, Coverity Static Analysis, Black Duck Software Composition Analysis, and other security testing tools. As a standalone entity, Black Duck is positioned to focus on delivering cutting-edge application security solutions to address evolving cybersecurity threats.

Synopsys and TSMC announced their collaboration to enhance EDA and IP solutions for AI and multi-die chip designs on TSMC's advanced N2 and A16 processes. Key advancements include:

• Production-ready AI-driven EDA flows, powered by Synopsys.ai, delivering enhanced results and accelerating design node migration.
• New backside power delivery capabilities on TSMC's A16 for efficient power distribution and system performance.
• Joint efforts with Ansys to address thermal and power integrity challenges using CoWoS interposer packaging.
• Development of 40G UCIe, HBM4, and 3DIO IP on advanced TSMC nodes to optimize latency, power, performance, and area.

Synopsys' AI-driven EDA suite and silicon-proven IP have significantly improved productivity and performance for advanced AI chip designs. The collaboration has also enabled cloud-ready EDA tools for mutual customers, enhancing the design process for multi-die architectures.

Keysight Technologies (NYSE: KEYS) has announced a definitive agreement to acquire Synopsys' Optical Solutions Group, a leading developer of optical design and analysis software tools. This acquisition will expand Keysight's design engineering software portfolio and computer-aided engineering capabilities, adding optical system design, analysis, simulation, and virtual prototyping solutions.

The transaction is subject to customary closing conditions, including regulatory review and the successful closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. This strategic move will enable Keysight to address high-performance system use cases beyond electronics, including optics and photonics, and enhance its ability to help customers innovate efficiently and accelerate time-to-market.

Synopsys has announced a definitive agreement to sell its Optical Solutions Group (OSG) to Keysight Technologies. This sale is contingent on customary closing conditions, including regulatory review, and the successful closing of Synopsys' proposed acquisition of Ansys, expected in the first half of 2025. The OSG sale is deemed necessary for obtaining regulatory approval for the Ansys acquisition.

OSG provides design tools and services for optical product simulations, including CODE V, LightTools, LucidShape, RSoft Photonic Device Tools, and ImSym. These tools will complement Keysight's existing design engineering software portfolio. The transaction is not considered material to Synopsys' financials, and the terms were not disclosed. Synopsys commits to ensuring a smooth transition for the OSG team, customers, and partners.

Synopsys (Nasdaq: SNPS) has launched ImSym – Imaging System Simulator, the industry's first complete virtual prototyping platform for imaging systems. This groundbreaking solution integrates lenses, sensors, and image signal processors into a comprehensive end-to-end simulation platform. ImSym offers:

1. Accelerated development: Reduces time-to-market by up to 60 times compared to traditional methods.
2. Enhanced collaboration: Unified design environment for real-time updates and version control.
3. Accurate simulations: Powered by Synopsys' CODE V and LightTools optical design software.
4. Intuitive interface: Guides users through virtual prototype development.
5. Python integration: Enables process automation and custom workflows.

ImSym is now available worldwide, offering a significant advancement in optical system simulation and design.