Synopsys, a privately owned American company founded in 1986, employs approximately 17,470 people and is headquartered in the US. Its primary business is the development and provision of software for electronic design automation. This includes tools and services supporting silicon design and verification, silicon intellectual property, and software security and quality assurance for the semiconductor industry.
Synopsys partnered with iVivity to develop the iDiSX 1000 chip, providing a PCI Express solution resulting in a 3X reduction in chip cost, more than double the performance, and a 40% reduction in power consumption. The Synopsys Users Group (SNUG), established in 1991, held a conference bringing together over 12,000 users of Synopsys tools and technologies across various global regions. A market report indicates that the Semiconductor Lithography Simulator Market is expected to experience significant growth in the coming years.