Synopsys Inc (NAS:SNPS)
$ 571.53 -2.85 (-0.5%) Market Cap: 87.18 Bil Enterprise Value: 87.01 Bil PE Ratio: 62.94 PB Ratio: 13.07 GF Score: 94/100

Synopsys Inc at Citi Global Technology Conference Transcript

Sep 05, 2019 / 01:30PM GMT
Release Date Price: $145.95 (+3.13%)
Unidentified Analyst

(technical difficulty)

Analyst here at Citigroup. I cover data analytics as well as vertical software. And we're pleased to have Trac Pham, who's the CFO of Synopsys with us. And maybe just for those in the room that aren't quite as familiar with Synopsys, where exactly do you play in the overall kind of software, semi ecosystem. I've always -- the feedback -- some investors -- it's kind of hard to exactly pin you down but maybe walk us through the history, where you see the growth drivers and just give us an overview of the company.

Trac Pham
Synopsys, Inc. - CFO

Oh, great. That's -- let me start with the size. We're roughly a $3.3 billion software company. We sell tools that really, in simple terms, allow chip engineers -- chip design engineers to create chips, right, semiconductors. And most of the times, we straddle that space between software and semi coverage. You really can't design a chip these days without EDA tools. And that's what we provide. We've been in business for close to 35 years, long history in EDA. 17-ish years ago,

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