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Synopsys Inc

WBO:SYNP (USA)  
€ 503.10 (-0.93%) Apr 30
58.44
P/B:
12.13
Market Cap:
€ 75.54B ($ 80.61B)
Enterprise V:
€ 74.97B ($ 80.01B)
Volume:
-
Avg Vol (2M):
2.00
Also Trade In:

Business Description

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.