Synopsys Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Synopsys Strengths, Domain Expertise, and Key Differentiators

Synopsys Simpleware is a 3D image processing and model generation software suite designed to convert imaging data from modalities like MRI, CT, and micro-CT into high-quality models for computer-aided design (CAD), simulation, and 3D printing. It offers tools for image visualization, segmentation, and analysis, supporting applications in medical, life sciences, and industrial fields. Simpleware facilitates the creation of watertight models suitable for finite element analysis (FEA) and computational fluid dynamics (CFD), and integrates with various CAD and simulation platforms. The software is available in different modules tailored to specific needs, including medical applications, research, and manufacturing.

Synopsys Recent Developments

In June 2024, Synopsys updated its 3D image processing software, Simpleware, adding enhanced AI-powered segmentation tools for spine, hip, and knee CT scans. The release also included a cutting guide design tool, a mask similarity calculator, and expanded scripting capabilities to improve workflow automation. Available in multiple licensing tiers on Windows and Linux, the update supports medical, research, and industrial applications, aiming to streamline image processing across sectors.

In November 2023, Synopsys launched Synopsys.ai Copilot, a generative AI tool developed in collaboration with Microsoft and powered by Azure OpenAI Service. This feature integrates GenAI into chip design workflows to accelerate development within Synopsys.ai, the company’s AI-driven EDA platform. Earlier, in March 2022, Synopsys introduced Synopsys Cloud, a SaaS platform that provides scalable, on-demand access to EDA tools via Microsoft Azure. The platform supports flexible, pay-as-you-go usage and aims to simplify chip development and manufacturing collaboration.

Synopsys Mergers and Acquisitions (M&A) Activities

The $35 billion acquisition of Ansys by Synopsys is currently pending and expected to close in the first half of 2025. Ansys shareholders have overwhelmingly approved the deal, and key regulatory approvals have been granted conditionally by the European Commission and the UK Competition and Markets Authority, with certain divestitures required. The U.S. Federal Trade Commission is still reviewing the proposed remedies. The merger remains subject to the satisfaction of remaining closing conditions, including final regulatory clearances.

In October 2024, Synopsys sold its Software Integrity Group to Clearlake Capital and Francisco Partners for up to $2.1 billion, including performance-based earnouts. Following the acquisition, the division was rebranded as Black Duck Software, with Jason Schmitt continuing as CEO.

In August 2023, Synopsys completed the acquisition of PikeTec GmbH, a company specializing in testing and verification solutions for automotive software. This acquisition enhances Synopsys' offerings for software-defined vehicles.

Synopsys Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Synopsys applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Synopsys and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Synopsys DesignWare, Synopsys Cloud customers.

Synopsys Key Enterprise and Cloud Applications

Synopsys DesignWare, Synopsys Cloud

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Synopsys Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Synopsys Customers

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Synopsys' Electronic Design Automation (EDA) and Intellectual Property (IP) solutions are widely used by semiconductor and electronics companies for chip design and verification. Customers include Intel, Samsung, TSMC, Broadcom, Qualcomm, NVIDIA, Xilinx, Keysight Technologies, and Teradyne. Its DesignWare IP is used by firms such as Axell Corporation, iCatch Technology, and Baikal Electronics for system-on-chip development. In the automotive sector, companies like Mercedes-Benz, Volvo Cars, and Renault utilize Synopsys' tools to support electronic control unit and engine system design.

Synopsys Market Opportunities, M&A and Geo Expansions

Synopsys is strategically positioned to capitalize on several growth opportunities in the evolving technology landscape. The company is focusing on integrating artificial intelligence (AI) into its Electronic Design Automation (EDA) tools, aiming to enhance chip design processes and address increasing complexity in semiconductor development. Additionally, Synopsys is investing in three-dimensional integrated circuits (3D-IC) and multi-die packaging technologies, which are gaining traction in high-performance computing and AI applications. The pending acquisition of Ansys is expected to expand Synopsys' capabilities in simulation and analysis, further strengthening its silicon-to-systems strategy. These initiatives are anticipated to broaden Synopsys' total addressable market and reinforce its position in key sectors such as automotive, aerospace, and industrial automation.

Synopsys Risks and Challenges

Synopsys faces several risks that could affect its future outlook. Its $35 billion acquisition of Ansys is under review by regulators in the UK, EU, and China, raising the possibility of delays, required divestitures, or deal termination. Integration challenges—such as cultural alignment and synergy realization—could negatively impact operations and financial performance. Additionally, geopolitical tensions and export restrictions, especially with China, have already pressured revenue forecasts. The debt burden from the Ansys deal may also limit Synopsys’ financial flexibility and ability to respond to market shifts.

Synopsys Ecosystem, Partners, Resellers and SI

Synopsys maintains a strong software partner ecosystem that enhances the functionality and integration of its Electronic Design Automation (EDA) tools and IP solutions. It collaborates with major EDA and semiconductor tool vendors such as Cadence, Siemens EDA (formerly Mentor Graphics), and Ansys (soon to be merged), ensuring interoperability across design flows. Synopsys also partners with cloud providers like Microsoft Azure, AWS, and Google Cloud to support its Synopsys Cloud platform, allowing customers to run EDA workloads in flexible, scalable environments. Additionally, its Cloud OpenLink program enables third-party tool integration into cloud-based design environments, promoting collaboration and ecosystem-wide compatibility.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

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