Today, Synopsys is also hosting a meeting with the investor community. Ghazi and CFO Shelagh Glaser, along with key business executives, will discuss the company's silicon to systems strategy, progress, and growth opportunities. Synopsys Investor Day will begin after market close at 1:15p.m. PT. Investors and other interested parties may register for the webcast by visiting the events section on Synopsys' investor website. A replay and summary materials from the presentations will also be available on the website following the event.

About Synopsys
Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow.  Learn more at www.synopsys.com.

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements regarding strategies related to our products, technology and services; business and market outlook, opportunities, strategies and technological trends, such as artificial intelligence; customer demand and market expansion; our planned product releases and capabilities; industry growth rates; and the expected benefits of our acquisition of Intrinsic ID. These statements involve risks, uncertainties and other factors that could cause our actual results, time frames or achievements to differ materially from those expressed or implied in such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: macroeconomic conditions and geopolitical uncertainty in the global economy; uncertainty in the growth of the semiconductor and electronics industries; the highly competitive industry we operate in; actions by the U.S. or foreign governments, such as the imposition of additional export restrictions or tariffs; consolidation among our customers and our dependence on a relatively small number of large customers; risks and compliance obligations relating to the global nature of our operations; and more. Additional information on potential risks, uncertainties and other factors that could affect Synopsys' results is included in filings we make with the SEC from time to time, including in the sections entitled "Risk Factors" in our latest Annual Report on Form 10-K and in our latest Quarterly Report on Form 10-Q. The information provided herein is as of March 20, 2024. Synopsys undertakes no duty to, and does not intend to, update any forward-looking statement, whether as a result of new information, future events or otherwise, unless required by law.

EDITORIAL CONTACT:
Kelli Wheeler
Synopsys, Inc.
650-584-5000
Email Contact

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SOURCE Synopsys, Inc.