| Nasdaq: SNPS
Synopsys, Inc. develops and provides software based designing solutions for the semiconductor industry. The company engages in supplying the electronic design automation software that engineers use to design, create prototypes for and test integrated circuits, also known as chips. It also provides software and hardware used to develop the systems that incorporate integrated circuits and the software that runs on those integrated circuits. The company's intellectual property products are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. To complement these product offerings, it provides technical services to support the company's solutions. The company's comprehensive, integrated portfolio of system-level, IP, implementation, verification, manufacturing, optical and field-programmable gate array solutions help address the key challenges designers face such as power and yield management, system-to-silicon verification and time-to-results. Synopsys was founded by Aart J. de Geus in December 1986 and is headquartered in Mountain View, CA.