Synopsys, Inc. is an American multinational electronic design automation (EDA) company headquartered in Sunnyvale, California, that focuses on design and verification of silicon chips, electronic system-level design and verification, and reusable components (intellectual property). Synopsys supplies tools and services to the semiconductor design and manufacturing industry. Products include tools for implementation of digital and analog circuits, simulators, and debugging environments that assist in the design of chips and computer systems. In 2024, Synopsys was listed as the 12th largest software company in the world.
History Synopsys was founded by Aart de Geus, David Gregory, Alberto Sangiovanni-Vincentelli and Bill Krieger in 1986 in Research Triangle Park, North Carolina. The company was initially established as Optimal Solutions with a charter to develop and market logic synthesis technology developed by the team at General Electric's Advanced Computer-Aided Engineering Group. The company changed its name to Synopsys and moved to Mountain View, California in 1987. It became a public company through an initial public offering in February 1992, opening on NASDAQ at $18 a share and closing on the first trading day at $31.50. 2 million shares were offered; the company offered 1.55 million shares and stockholders offered 450,000 shares. In 2006, the company built a supercomputer for EDA applications using commodity Linux servers and off-the-shelf hardware that was listed on the TOP500 as the 242nd most powerful computer, based on results on the LINPACK benchmark. Synopsys has been a constituent of the Nasdaq-100 and S&P 500 indices since 2017. The integration of artificial intelligence (AI) has become increasingly important in electronic design automation (EDA), enabling notable advances in the automation, efficiency, and complexity of chip design processes. According to the company, Synopsys engineers began developing reinforcement learning applications for electronic design automation in 2017, which led to the introduction of the DSO.ai (design-space optimization) product for digital chip implementation in 2020, followed by a series of AI tools for IC verification and test, as well as other applications. In 2023, Synopsys announced the Copilot product in collaboration with Microsoft that leveraged large language models from OpenAI to assist in chip design. (For more information, see #Adoption of AI technologies.) In August 2023, Synopsys named COO Sassine Ghazi as CEO. Ghazi succeeded Aart de Geus in January 2024, with de Geus transitioning to the role of executive chairman. Over the years, Synopsys has acquired numerous companies as a core part of its business strategy to expand its capabilities in electronic design automation, semiconductor IP, and related software sectors. Industry analysts have noted that these acquisitions have enabled Synopsys to build a broad portfolio and remain competitive within the fast-evolving semiconductor and software industries. (For more information, see #Mergers and acquisitions.) On July 17, 2025, Synopsys completed its acquisition of Ansys, a global provider of engineering simulation software. The transaction, first announced on January 16, 2024, was valued at approximately $35 billion, making it the largest acquisition in Synopsys’ history. Several media outlets described the deal as one of the largest transactions in the engineering and software industry. The merger combines Synopsys’ EDA dominance with Ansys’ multiphysics simulation expertise, promising a new era of co-optimized chip and system design In November 2025, it was reported that Synopsys planned to lay off about 10% of its workforce and close certain locations as part of a restructure following the acquisition of Ansys. The layoffs will largely take place during fiscal year 2026.
Markets and competition Synopsys faces significant competition in the electronic design automation market, primarily from Cadence Design Systems and Siemens EDA (formerly Mentor Graphics), with the three companies collectively dominating approximately 75% of the global EDA market as of 2024. Additionally, Synopsys is the second largest semiconductor design intellectual property (IP) company by revenue (after ARM Holdings) and leads in market share for IP license revenues, notably providing reusable chip design modules such as those supporting Ethernet and UALink for advanced data center connectivity and AI accelerator infrastructure.
Geographic presence Headquartered in Sunnyvale, California, Synopsys maintains extensive office locations worldwide, including a strong presence across North America, Asia, and Europe. The company has approximately 5600 employees in the United States. Synopsys has several offices in India, specifically, Bengaluru, Noida, Pune and Hyderabad, together having around 6800 employees. As of 2026, Synopsys' workforce numbers approximately 25000 worldwide, with thousands of employees distributed across additional offices and remote locations, including significant operations in Canada, Mexico, Armenia, France, Singapore, and other regions. Its international offices can be found in cities such as Ottawa, Toronto, and Vancouver (Canada); Yerevan and Gyumri (Armenia); Bangalore, Hyderabad, and Noida (India); Penang (Malaysia); and Singapore, among others. In France, which is a major European presence, there are several offices, with the major ones being located in Lyon, Paris, Grenoble and Nice, all together comprising approximately 900 employees. In Canada, the company has approximately 1400 employee across all its offices. Synopsys operates on a global scale, with its business spread across several major regions and markets. The United States is the company's largest market, contributing 44.71% of total revenue in fiscal year 2024 (approximately $2.74 billion). Other significant markets include China, which represented 16.15% of revenue ($989.52 million); Korea, accounting for 12.62% ($773.02 million); and Europe, with 10.03% ($614.58 million). The company also recorded 16.49% of its revenue ($1.01 billion) under the "Other Countries" category, highlighting a diversified international footprint.
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