Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Mar. 29, 1:52 AM
Slide #50. Synopsys, Inc. — Intrinsic ID
Acquirer: |
Synopsys, Inc. (NASDAQ:SNPS) |
Acquiree: |
Intrinsic ID |
Details: |
Synopsys, Inc. (Nasdaq: SNPS) today announced that it has completed the acquisition of Intrinsic ID, a leading provider of Physical Unclonable Function (PUF) IP used in the design of system-on-chips (SoCs). The acquisition adds production proven PUF IP to Synopsys' broadly used semiconductor IP portfolio, enabling SoC designers worldwide to protect their SoCs by generating a unique identifier on chip utilizing the inherent and distinctive characteristics of every silicon chip. The acquisition also adds Intrinsic ID's team of experienced research and development engineers who have deep expertise in PUF technology. The terms of the deal, which are not material to Synopsys financials, are not being disclosed. |
Synopsys engages in supplying the electronic design automation software that engineers use to design and test integrated circuits. Co. also provides semiconductor intellectual property products, which are pre-designed circuits that engineers use as components of larger chip designs. Co. provides software and hardware used to validate the electronic systems that incorporate chips and the software that runs on them. In addition, Co. provides technical services and support to help its customers develop chips and electronic systems. Co. also provides software tools and services in a variety of industries, including electronics, financial services, automotive, medicine, energy and industrials.
SNPS SEC Filing Email Alerts Service
Open the SNPS Page at The Online Investor »
Company Name: |
Synopsys Inc |
Stock buyback: |
SNPS buyback |
Website: |
www.synopsys.com |
Sector: |
Application Software |
Number of ETFs Holding SNPS: |
118 |
Total Market Value Held by ETFs: |
$13.98B |
Total Market Capitalization: |
$89.14B |
% of Market Cap. Held by ETFs: |
15.68% |
|
Open the SNPS Page at The Online Investor (in a new window) »
|
March 29, 2024 1:52 AM Eastern
Strong Buy (3.79 out of 4)
71st percentile
|
|