Key Developments: Synopsys Inc (SNPS.O)
35.85USD
17 May 2013
$0.40 (+1.13%)
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Latest Key Developments (Source: Significant Developments)
Micronas Standardizes on Synopsys Inc' Design and Verification Solutions for Automotive Designs
Micronas and Synopsys, Inc. announced that Micronas has standardized on Synopsys' custom and digital solutions for the design and verification of semiconductors used in automotive and industrial applications. The solution includes Galaxy Custom Designer for custom IC design, HSPICE for circuit simulation, StarRC for gate-level and transistor-level extraction, IC Compiler for place and route, IC Validator for physical verification and VCS for functional verification. Full Article
MagnaChip Selects Synopsys Inc's LRC for Lithography Verification
Synopsys Inc announced the adoption of Synopsys' Proteus LRC by MagnaChip Semiconductor Corporation, a Korea-based designer and manufacturer of analog and mixed-signal semiconductor products. MagnaChip uses Proteus LRC in their production mask synthesis flow to identify hotspot locations in designs that are sensitive to variations in the manufacturing process. Detecting these locations early in the mask creation process improves yield by enabling hotspots to be mitigated prior to committing a design to manufacture. Proteus LRC is built on the Proteus engine and is integrated into Synopsys' Proteus Pipeline Technology, enabling an efficient single-flow solution from design tapeout to mask fracture. Full Article
Synopsys Inc Issues Q2 2013 Guidance; EPS Guidance Above Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance-Conference Call
Synopsys Inc announced that for second quarter of 2013, it expects revenue to be between $490 million and $500 million, GAAP earnings in the range of $0.38-$0.44 per share, and non-GAAP earnings in the range of $0.63-$0.65 (EPS). For fiscal 2013, it expects revenue between $1.955 billion and $1.975 billion, GAAP earnings per share in the range of $1.44-$1.56, which includes the impact of approximately $70 million in stock-based compensation expense and non-GAAP earnings per share of $2.35-$2.40 which represents solid double-digit year over year growth. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $490 million and EPS of $0.57 for second quarter of 2013; revenue of $1.96 billion and EPS of $2.30 for fiscal 2013. Full Article
GLOBALFOUNDRIES and Synopsys Inc Partner To Provide Comprehensive Design Environment
GLOBALFOUNDRIES and Synopsys Inc announced the two companies have partnered to deliver a comprehensive design solution to accelerate the implementation of GLOBALFOUNDRIES` 14 nm-XM FinFET offering. The solution includes Synopsys` DesignWare Embedded Memory and Logic Library IP; design tools from the Galaxy Implementation Platform; and TCAD process and device simulation tools, all optimized to enable design teams to achieve desired performance, power and area requirements in the efficient, low-risk manner. The collaborative development is built on the industry`s modular FinFET technology, which combines a 14 nanometer (nm) FinFET device with elements of GLOBALFOUNDRIES` 20 nm-LPM process to reduce risk and accelerate time to volume. Full Article
Synopsys Inc Issues Q1, FY 2013 Guidance In Line With Analysts' Estimates-Conference Call
Synopsys Inc announced that for the first quarter of 2013, it expects revenues to be in the range of $468 million - $478 million and Non-GAAP earnings per share to be in the range of $0.54 - $0.56 and GAAP EPS to be in the range of $0.30 - $0.35. For fiscal 2013, it expects revenues to be in the range of $1.955 billion to $1.975 billion and Non-GAAP earnings per share to be in the range of $1.32-$1.46 and GAAP EPS to be in the range of $2.26 to $2.31. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $473 million and EPS of $0.55 for the first quarter of 2013; revenue of $1.962 billion and EPS of $2.29 for fiscal 2013. Full Article
Synopsys Inc Completes Acquisition Of SpringSoft Inc
Synopsys Inc announced that it has completed the acquisition of SpringSoft, a supplier of IC design software headquartered in Hsinchu, Taiwan, through a follow-on merger to acquire all of the remaining outstanding shares of SpringSoft. Previously, on October 1, 2012, Synopsys completed a tender offer for approximately 91.64% of SpringSoft's outstanding Shares. As of November 30, 2012, Synopsys is the 100% owner of SpringSoft and SpringSoft stock is no longer trading. Full Article
Synopsys Inc Completes Acquisition Of EVE
Synopsys Inc completed the acquisition of EVE, a supplier of emulation platforms for SoC verification. EVE will become part of the Synopsys verification business unit, with Mr. Burgun the emulation team. Full Article
Synopsys Inc Completes Major Steps Toward Acquisition Of SpringSoft, Inc.
Synopsys Inc announced that it has obtained regulatory approval in Taiwan to acquire SpringSoft, Inc. In addition, greater than 51% of the outstanding shares of SpringSoft have been tendered. By meeting these two milestones, Synopsys expects to complete the tender offer and take a controlling interest in SpringSoft as of October 1, 2012. Having obtained regulatory approval and exceeded the minimum tender requirement, Synopsys is obligated to close the tender offer after the tender offer period expires on September 24, 2012. The final number and percentage of tendered shares will be determined on that date. By obtaining a controlling interest, Synopsys will consolidate SpringSoft's financials as of October 1, 2012. Full Article
Synopsys Inc Reaffirms FY 2012 Guidance-Conference Call
Synopsys Inc announced that for fiscal 2012, it expects revenues to be in the range of $1.742 billion to $1.750 billion and EPS to be in the range of $2.09 to $2.11. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $1.748 billion and EPS of $2.10 for fiscal 2012. Full Article
Synopsys Inc Issues Q4 2012 Outlook; Revenue Outlook Below Analysts' Estimates; Narrows FY 2012 Revenue Outlook To A Range In Line With Analysts' Estimates; Raises FY 2012 EPS Outlook-Conference Call
Synopsys Inc announced that for the fourth quarter of 2012, it expects revenue to be between $440 million - $448 million, GAAP earnings per share of between $0.22 - $0.28 and Non-GAAP earnings per share of between $0.46 - $0.48. For fiscal 2012, it expects revenue to be between $1.742 billion - $1.750 billion, GAAP earnings per share of between $1.25- $1.31 and Non-GAAP earnings per share of between $2.09 - $2.11. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $452 million and EPS of $0.48 for the fourth quarter of 2012; revenue of $1.75 billion and EPS of $2.07 for fiscal 2012. Full Article
BRIEF-Synopsys shares up 3.5 pct after the bell following results
NEW YORK, Feb 20 - Synopsys Inc : * Shares were up 3.5 percent after the bell following results.
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