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. Geographically, Synopsys derived 50.3% of its 2007 revenue from North America, 15.6% from Europe, 16.0% from Japan, and remaining 18.1% from Asia-Pacific. Approximately 50% of its employees are outside of the U.S., with 30% in low-cost geographies. During fiscal 2007, time-based license revenue comprised 82.8% of revenue, upfront license was 5.6% of revenue, and maintenance services were 11.6%. Its products span the entire design flow, allowing its customers to use integrated suite of tools for advanced IC design and verification.
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