Synopsys Inc logo

Synopsys Inc

4
1
NAS:SNPS (USA)   Ordinary Shares
$ 549.93 -0.61 (-0.11%) 08:08 PM EST
60.56
P/B:
12.57
Market Cap:
$ 83.89B
Enterprise V:
$ 83.37B
Volume:
337.95K
Avg Vol (2M):
964.76K
Also Trade In:
Volume:
337.95K
Avg Vol (2M):
964.76K

Business Description

Synopsys Inc logo
Synopsys Inc
NAICS : 511210 SIC : 7371
ISIN : US8716071076

Share Class Description:

SNPS: Ordinary Shares
Description
Synopsys is a provider of electronic design automation software, intellectual property, and software integrity products. EDA software automates the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. The firm's growing SI business allows customers to continuously manage and test the code base for security and quality. Synopsys' comprehensive portfolio is benefiting from a mutual convergence of semiconductor companies moving up-stack toward systems-like companies, and systems companies moving down-stack toward in-house chip design. The resulting expansion in EDA customers alongside secular digitalization of various end markets benefits EDA vendors like Synopsys.