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0.000291194284826792 0.000252368380183249 0.00168096754154374 0.00240720608790187 0.00161127504270857 0.00549386550706639 0.0067168815033391 0.00704690169280943
Stock impact report

Synopsys to sell processor IP solutions business to GlobalFoundries [Yahoo! Finance]

Synopsys, Inc. (SNPS) 
Last synopsys, inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The Synopsys Processor IP portfolio includes ARC-V (RISC-V) and ARC CPU intellectual property, digital signal processor (DSP) IP, neural network processing unit (NPU) IP, and associated software development tools such as the ARC MetaWare Development Toolkits. Also included are the ASIP Designer and ASIP Programmer tools for automating application-specific instruction-set processor (ASIP) design and implementation. Both companies stated they will support current Processor IP customers through the transition period without disruption. Following the completion of the sale, Synopsys plans to focus its remaining design IP portfolio on logic libraries, embedded memories, interface IP, security IP, and subsystems. The transaction will allow Synopsys to further concentrate resources on its interface and foundation IP business. It will also enable the company to pursue opportunities in AI applications across sectors such as high-performance computing, mobile devices, automotive system Show less Read more
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