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Synopsys Announces Earnings Release Date for Third Quarter Fiscal Year 2025
Prnewswire· 2025-07-30 20:05
Group 1 - Synopsys, Inc. will report its third quarter fiscal year 2025 results on September 9, 2025, after market close [1] - A conference call to review financial results and business outlook will be held at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time [1] - Financial information for the conference call will be available on the corporate website prior to the call, with a live webcast accessible for participants [1] Group 2 - Synopsys is a leader in engineering solutions from silicon to systems, focusing on AI-powered product innovation [2] - The company provides industry-leading silicon design, IP, simulation, analysis solutions, and design services [2] - Synopsys collaborates with customers across various industries to enhance R&D capabilities and productivity [2]
Synopsys Completes Acquisition of Ansys
Prnewswire· 2025-07-17 13:01
Core Insights - Synopsys has completed the acquisition of Ansys, enhancing its capabilities in silicon design, IP, and simulation to foster innovation in AI-powered products [1][2][4] - The combined entity is now positioned to capture an expanded total addressable market (TAM) of $31 billion [1][7] - The integration aims to deliver the first set of combined capabilities in the first half of 2026, focusing on multiphysics across the full EDA stack [3][7] Company Overview - Synopsys is recognized as a leader in engineering solutions, providing industry-leading silicon design, IP, simulation, and analysis solutions [5] - The acquisition aligns with Synopsys' mission to empower innovators across various industries, including semiconductors, automotive, aerospace, and more [2][5] Leadership Changes - Ajei Gopal and Ravi Vijayaraghavan from Ansys will join Synopsys' board of directors, indicating a commitment to a smooth integration process [1][2] Financial Position - The acquisition is expected to strengthen Synopsys' financial position, with projected margin expansion and increased unlevered free cash flow generation, facilitating rapid deleveraging over two years [4]