Synopsys, Inc. (SNPS) is a vendor of electronic design automation (EDA) software to the semiconductor and electronics industries. The company offers a full suite of products used in the logic synthesis and functional verification phases of chip design, including a broad array of reusable design building blocks. It also sells physical synthesis and physical design products, as well as physical verification products. The products are used to design a chip, from the concept to the point at which it is delivered to the manufacturer for fabrication. The company also provides professional services, including turnkey design services, design assistance, and methodology consulting.
The company was making revenues of 1.1 billion USD in fiscal year 2008. Geographically, Synopsys derived 49.6% of this revenue from North America, 14.8% from Europe, 35.6% from Asia-Pacific. Time-based software license revenue comprised 84.2% of revenue, upfront license was 5.3% of revenue, maintenance and services were 10.5%. 75% of the revenue was made by core EDA products, 8% by intellectual property and system-level solutions, 12% by manufacturing solutions, and 5% by professional services. As of October 31, 2008, Synopsys had 5,691 employees, of which 2,856 were based in the United States.
The companies fiscal year ends October 31. The company is reporting according to the US GAAP standard. Reporting currency is USD. Synopsys reported a successful 1st quarter for fiscal year 2009 with a 7.7% increase of revenues and a net profit of 0.37 USD per share.
The segments are described in detail in the annual report 2008.
The Galaxy Design Platform provides a single, integrated IC design solution which incorporates common libraries and consistent timing, delay calculation and constraints throughout the design process.
The Discovery Verification platform combines our simulation and verification products and design-for-verification methodologies, and provides a consistent control environment.
Synopsys offers a large portfolio of standards-based and other IP in response to the portfolio demands of designers seeking solutions to reduce their design risk and time-to-market. Synopsys' System-Level Solutions enable customers to accelerate verification and embedded software development.
Manufacturing Solutions products and technologies address the mask-making and yield enhancement of very small geometry IC, as well as very high-level modeling of physical effects within the ICs.
Synopsys provides a broad portfolio of consulting and design services covering all critical phases of the SoC (systems on chip) development process.
EDA is an important enabler to support fast product development cycles in the electronics industry. Chips with high functionality, multiple operating modes, low power consumption and extreme reliability—are pushing the manufacturing process to the limit. Requirements for enhancement of the EDA tools are growing with a similar speed as the improvements of the customers electronic products.
The current downturn is impacting investment decisions on new product programs in the customer industry and is creating pressure on profit margins and revenues. It may also impact the structure of the electronics industry regarding market shares, geographical distribution, and size of the companies.
Main competitors are Cadence Design Systems (CDNS), Magma Design Automation (LAVA), and Mentor Graphics (MENT). ANSYS (ANSS) which is a leading engineering software supplier aquired Ansoft (ANST) a developer of EDA software in July 2008.