Synopsys (SNPS) closed the most recent trading day at $548.90, moving +1.33% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.29%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw an increase of 0.43%.Coming into today, shares of the maker of software used to test and develop chips had gained 3.29% in the past month. In that same time, the Computer and Technology sector gained 3.67%, while the S&P 500 gained 2.08%.In ...

Synopsys (SNPS) put all speculations to rest on Tuesday by announcing a definitive agreement to acquire the engineering simulation software company ANSYS (ANSS) in a deal valued at $35 billion. The agreement involves a cash and stock transaction, with ANSYS shareholders receiving $197.00 in cash and 0.3450 shares of Synopsys common stock for each ANSYS share.The cash and stock transaction signifies an implied per-share consideration of $390.19, representing a generous 29% premium over ANSYS's closing stock ...

Synopsys (SNPS) shares rallied 3.1% in the last trading session to close at $509.68. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 11.7% loss over the past four weeks.The upswing came after Synopsys announced that it has entered into a definitive agreement to acquire ANSYS Inc. in a deal worth $35 billion. The combination will create a formidable entity in chip design and simulation software. The acquisitio ...

SAN DIEGO, Jan. 16, 2024 /PRNewswire/ -- Endura Technologies, a pioneer in advanced power delivery solutions for System on Chip (SoC) applications, announces a significant transformation in its leadership team, positioning the company for accelerated growth and innovation in the dynamically evolving SoC power delivery landscape. Michael Sanie, a seasoned leader in go-to-market and business strategy, and a veteran of the semiconductor industry, joins as Chief Executive Officer. Faraj Aalaei, former CEO and C ...

Synopsys (NASDAQ:SNPS) stock is heading higher on Tuesday following news of a massive deal with Ansys (NASDAQ:ANSS).This deal will see the two companies combine to create a leader in the silicone to systems design solutions space. That will have Synopsys spending $35 billion to acquire Ansys.Synopsys will use a mix of cash and stock to acquire Ansys. The company will pay $197 and .3450 shares of SNPS stock for each share of ANSS stock. This represents a value of $390.19 per share based on closing prices on ...

Highlights: Combines Leaders in Semiconductor Design Technology and Simulation and Analysis to Address Customers' Needs for Fusion of Electronics and Physics, Augmented with AI Enhances and Accelerates Synopsys' Silicon to Systems Strategy in Core EDA and New Attractive, Adjacent Growth Areas Expands Synopsys' TAM by 1.5x to ~$28 Billion, Growing at ~11% CAGR1 Delivers High-Growth, High-Margin, Recurring Revenue; Expected to Expand Non-GAAP Operating Margins by ~125 Basis Points and Unlevered FCF Margins by ...

The latest trading session saw Synopsys (SNPS) ending at $494.40, denoting a -0.81% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.08%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.02%.The the stock of maker of software used to test and develop chips has fallen by 9.61% in the past month, lagging the Computer and Technology sector's gain of 2.68% and the S&P 500's gain of 3.52%.The upcoming ear ...

Investors interested in stocks from the Computer - Software sector have probably already heard of Verint Systems (VRNT) and Synopsys (SNPS) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Sty ...

Synopsys Inc. (SNPS) is in advanced discussions to purchase ANSYS Inc. (ANSS) for an estimated $35 billion, Bloomberg reported last Friday, citing people familiar with the matter. The financial news and data provider’s sources suggest that Synopsys is considering paying $400 for each ANSYS shares, and a deal could be announced as soon as next week.We consider that the potential merger deal would mark a groundbreaking alliance in the realm of simulation software and semiconductor design. This proposed acquis ...

Table of Contents OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-19807 SYNOPSYS, INC. (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 31, 2023 (State or other jurisdiction of incorporat ...