SNPS

Synopsys, Inc. (NASDAQ:SNPS) is a leading provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) solutions, founded in 1986 and headquartered in Mountain View, California. The company went public in 1992 and has grown to become one of the dominant players in the semiconductor design tools market, serving chip designers and system developers across industries including electronics, automotive, aerospace, and telecommunications. Synopsys crossed the $6 billion annual revenue milestone in fiscal 2024 and is currently pursuing the acquisition of engineering simulation software company ANSYS to expand its capabilities from silicon design to complete system-level solutions.