Synopsys Inc.

Equities

SNPS

US8716071076

Software

Market Closed - Nasdaq 04:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
569.3 USD -1.88% Intraday chart for Synopsys Inc. +3.41% +10.56%

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Synopsys to Sell Software Integrity Business in up to $2.1 Billion Deal MT
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Synopsys to sell software unit to Clearlake, Francisco in $2.1 billion deal RE
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Synopsys to sell software unit to buyout firms in $2.1 bln deal RE
Clearlake Capital Group, L.P. and Francisco Partners Management, L.P. entered into an agreement to acquire Software Integrity Group Business of Synopsys, Inc. for $2.1 billion. CI
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CLEARLAKE, FRANCISCO PARTNERS NEARING A DEAL TO BUY SI… RE
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Synopsys Inc. specializes in the development and marketing of software programs aimed mainly at manufacturers of semi-conductors, computers and electronic equipment. Net sales break down by activity as follows: - sale of software and hardware (82.4%): sale of software for the automation of integrated circuit design, pre-designed circuits for semiconductors, software and hardware for the validation of electronic systems, etc.; - provision of services (17.6%): consulting, maintenance and technical assistance services in the areas of software security, quality and compliance. Net sales are distributed geographically as follows: the United States (47.7%), China (15.2%), Korea (10.9%), Europe (10.2%) and other (16%).
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
580.2 USD
Average target price
633 USD
Spread / Average Target
+9.10%
Consensus
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  5. Deutsche Bank Adjusts Synopsys Price Target to $635 From $585, Maintains Buy Rating
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