Just 13 months after joining chip design software giant Synopsys Inc., legal chief Janet Lee is stepping down to pursue a theology degree. The Sunnyvale, California-based company announced her pending ...
Synopsys is upgraded from Hold to Buy, with a 12% upside to $502, following successful Ansys integration and resilient financials. Post-Ansys deal, SNPS aggressively manages debt, optimizes operations ...
Thousands of employees are facing layoffs as tech giant Synopsys cuts 10% of its workforce following a $35 billion merger with engineering design firm Ansys. The company disclosed the layoffs to the ...
Synopsys is targeting double-digit growth driven by its Ansys acquisition as the semiconductor design company gears up to launch its first integrated product across both platforms in 2026. Ansys, ...
The MarketWatch News Department was not involved in the creation of this content. The Federal Trade Commission finalized a consent order that requires Synopsys, Inc. and Ansys, Inc. to divest certain ...
Glaser provided full year 2026 guidance of total revenue between $9.56 billion and $9.66 billion, with Ansys revenue contribution expected at $2.9 billion at the midpoint. Non-GAAP EPS was raised to a ...
Electronic automation design (EDA) stock Synopsys (NASDAQ: SNPS) has been in a rut over the last several months. While EDA revenue growth remains strong, the firm’s intellectual property revenue is ...
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