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Synopsys, Inc. (SNPS)

- NASDAQ
  • Aug. 3, 2012, 4:25 PM
    Synopsys (SNPS) is buying Taiwanese chip design software firm SpringSoft for $305M in cash. The price represents a 25% premium to SpringSoft's Friday close in Taipei. Synopsys expects the deal, which strengthens its offerings in the growing chip verification space, to be slightly accretive. "I hope they don’t get indigestion!," writes EE Times' Brian Bailey, noting the deal follows other Synopsys acquisitions. Rival Cadence (CDNS) has also been busy buying smaller peers.
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  • Jul. 2, 2012, 5:57 PM
    Cadence (CDNS) has acquired Sigrity, a developer of tools for analyzing signal integrity within chips, circuit boards, and systems, for $80M. The chip design software market is dominated by Cadence, Synopsys (SNPS), and Mentor Graphics (MENT), and the companies try to keep it that way with the help of acquisitions. Synopsys recently bought rival Magma Design for $507M.
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  • May 23, 2012, 5:34 PM
    More on Synopsys (SNPS): FQ2 comes in mixed , beating on revenue but coming up shy on a per share basis. Net earnings plummeted 74% Y/Y on acquisition-related charges, masking actual revenue growth. The company is raising its FY12 guidance based on the robustness of its business base and the rapid integration of its Magma Design Automation acquisition earlier this year. It now expects FY earnings of $2.03 - $2.07 per share on revenue of $1.74B - $1.76B.
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  • May 23, 2012, 4:11 PM
    Synopsys (SNPS): FQ2 EPS of $0.53 misses by $0.02. Revenue of $432M (+9.9% Y/Y) beats by $15M. Shares -0.1% AH. (PR)
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  • May 23, 2012, 12:10 AM
    Notable earnings after Wednesday's close: HPQ, NTAP, P, PVH, SNPS
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  • May 22, 2012, 5:35 PM
    Notable earnings after Wednesday's close: HPQ, NTAP, P, PVH, SNPS, SPLK
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  • Feb. 22, 2012, 4:37 PM
    Synopsys (SNPS): FQ1 EPS of $0.56 beats by $0.04. Revenue of $425M (+16.7% Y/Y) beats by $9M. (PR)
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  • Feb. 22, 2012, 12:10 AM
    Notable earnings after Wednesday's close: ADI, AUY, AVGO, AWAY, CIM, CLR, CXO, DRYS, ESRX, ESV, FLR, FLS, HPQ, HTZ, KBR, LBTYA, LTD, OAS, ONXX, PAAS, PPO, QCOR, QEP, QIHU, SM, SNPS, WLL, WMB, WPZ
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  • Feb. 21, 2012, 5:35 PM
    Notable earnings after Wednesday's close: ADI, AUY, AVGO, AWAY, CIM, CLR, CXO, DRYS, ESRX, ESV, FLR, FLS, HPQ, HTZ, KBR, LBTYA, LTD, OAS, ONXX, PAAS, PPO, QCOR, QEP, QIHU, SM, SNPS, WLL, WMB, WPZ
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  • Jan. 23, 2012, 6:32 PM
    Synopsys (SNPS) closes its acquisition of ExpertIO, an independent provider of verification IP for industry standard protocols. The terms of the deal have not been disclosed.
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  • Dec. 1, 2011, 8:24 AM
    A law firm announces it's investigating the proposed merger of Magma Design (LAVA) and Synopsys (SNPS) to determine if the board undertook a "fair process to obtain maximum value and adequately compensate shareholders." A release from the firm notes three analysts have higher price targets than the agreed $7.35/share offer price. Shares of LAVA, undeterred by the legal threat, trade 25.2% higher premarket.
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  • Nov. 30, 2011, 4:48 PM
    In tandem with its FQ4 report, Synopsys (SNPS) announces it's acquiring Magma Design (LAVA) for $7.35/share in cash - a 28% premium to Magma's closing price. The deal will cost Synopsys $507M net of cash and debt acquired, and will bolster its position as the world's largest provider of chip design software. Magma shares remain halted, while Synopsys is nearly unchanged.
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  • Nov. 30, 2011, 4:18 PM
    Synopsys (SNPS): FQ4 EPS of $0.45 in-line. Revenue of $390M (+4% Y/Y) in-line. Shares +1.4% AH. (PR)
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  • Nov. 30, 2011, 12:10 AM
    Notable earnings after Wednesday's close: ARO, FNSR, GES, SNPS
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  • Aug. 17, 2011, 4:41 PM
    More on Synopsys (SNPS): FQ3 beats across-the-board on a 32% jump in profits as demand remains strong for mobile devices, cloud infrastructure and electronic products. Top-line revenues also benefited from recent acquisitions and a slew of licensing agreements already put in place. Shares +2.4% AH.
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  • Aug. 17, 2011, 4:33 PM
    More on Synopsys (SNPS) FQ3 results: Revenue increased 14% Y/Y. Sees FQ4 revenue at $386M-$392M, EPS at $0.44-$0.46. Sees full-year revenue at $1.531B-$1.537B, EPS at $1.79-$1.81, cash flow from operations greater than $400M. Shares +1.9% AH. (PR)
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Company Description
Synopsys Inc is a provider of software, intellectual property and services used to design integrated circuits and electronics systems. It also provides software & services used to develop electronic systems that incorporate chips.