Synopsys Inc's Business Segments

Synopsys, Inc. provides software, intellectual property, and services used by designers across the entire silicon to
software spectrum, from engineers creating advanced semiconductors to software developers seeking to ensure
the quality and security of their applications. We are a global leader in supplying the electronic design automation
(EDA) software that engineers use to design and test integrated circuits (ICs), also known as chips. We also offer intellectual property (IP) products, which are pre-designed circuits that engineers use as components of larger chip designs rather than design those circuits themselves. We provide software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. To complement these offerings, we provide technical services and support to help our customers develop advanced chips and electronic systems. We are also a leading provider of software tools and services that are used to improve the security and quality of software code in a wide variety of industries, including electronics, financial services, media, automotive, medicine, energy and industrials.

The registrant operates two segments: Design Automation and Design IP. The Design IP segment provides a portfolio of semiconductor IP solutions, including logic libraries, embedded memories, wired interface IP, memory interface IP, security IP, and embedded processors. These pre-designed circuits serve as components in larger chip designs to reduce development risk and accelerate time to market. The IP Accelerated initiative within this segment offers architecture design expertise, customized IP subsystems, hardening, and signal and power integrity analysis to support IP integration and silicon bring-up.