Earnings Analysis: Synopsys Inc. (NASDAQ:SNPS)

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Company Profile

Synopsys, Inc. provides technology solutions used to develop electronics and electronic systems. The company supplies the electronic design automation software that engineers use to design, create prototypes for and test integrated circuits, also known as chips. It also supplies software and hardware used to develop the systems that incorporate integrated circuits and the software that runs on those integrated circuits. The company’s products and services are organized into four groups: Core EDA, Intellectual Property and System-Level Solutions, Manufacturing Solutions and Professional Services. The Core EDA products generally fall into the following suites: the Galaxy Design Platform, which includes tools to design an integrated circuit; the Discovery Verification Platform, which includes tools to verify that an integrated circuit behaves as intended and the FPGA design products, which includes complex chips that can be customized or programmed to perform a specific function after they are manufactured. The company’s Intellectual Property products are pre-designed circuits that engineers use as components of larger chip designs rather than redesigning those circuits themselves, which includes broad DesignWare IP portfolio, such as USB, PCI Express, DDR, Ethernet, SATA and HDMI. The System-Level Solutions include Platform Architect for architectural optimization; SPW and System Studio for algorithm design; Processor Designer for custom processor design and Synphony Model and C Compiler for High Level Synthesis. The Manufacturing Solutions include the Technology-CAD device modeling products; Proteus OPC optical proximity correction products; CATS mask data preparation product and Yield Management solutions, including Odyssey and Recipe Manager and Editor and Yield Explorer. The Professional Services and Training includes consulting and design services that address all phases of the SoC development process, such as assist Synopsys customers with new tool and methodology adoption, chip architecture and specification development, functional and low power design and verification, and physical implementation and signoff. Synopsys was founded by Aart J. de Geus on December 1, 1986 and is headquartered in Mountain View, CA.

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This article was originally written by abha.dawesar, and posted on CapitalCube.
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