SUNNYVALE, California, March 20, 2024 /PRNewswire/ — Synopsys, Inc. (Nasdaq: SNPS) announced today that it has completed the acquisition of Intrinsic ID, a leading supplier of Physical Unclonable Function (PUF) IP used in system-on-chip (SoC) designs. . The acquisition adds production-proven PUF IP to Synopsys’ widely used semiconductor IP portfolio, enabling SoC designers worldwide to protect their SoCs by generating a unique on-chip identifier using the inherent and distinctive characteristics of each silicon chip. The acquisition also adds to Intrinsic ID’s team of experienced R&D engineers who have deep expertise in PUF technology. Terms of the deal, which are not material to Synopsys’ finances, were not disclosed.
“In our increasingly connected world, chip designers are integrating PUF technology into their SoCs for many applications, including identification and creation of product IDs for tracking and tracing,” he said. Joachim Kunkel, General Manager of the Solutions Group at Synopsys. “The acquisition of Intrinsic ID complements our extensive semiconductor IP portfolio, further helping designers create the SoCs at the heart of today’s smart and connected devices. We look forward to expanding our R&D presence in Netherlands with the Intrinsic ID team and establishing a center of excellence for PUF technology in Eindhoven.”
Synopsys is a leading provider of quality-proven high-quality semiconductor IP solutions for SoC designs. Synopsys’ broad IP portfolio includes logic libraries, embedded memories, analog IP, wired and wireless interface IP, security IP, embedded processors and subsystems. To accelerate IP integration and silicon deployment, Synopsys’ IP Accelerated initiative provides expertise in architecture design, hardening and signal/power integrity analysis. Synopsys’ extensive investment in IP quality, comprehensive technical support, and robust IP development methodology enables designers to reduce integration risk and accelerate time to market.
About Synopsys
Catalyzing the era of ubiquitous intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers reliable and comprehensive system design solutions, from electronic design automation to silicon IP and system verification and validation. We work closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, driving today’s innovation that fuels tomorrow’s ingenuity. Learn more at www.synopsys.com.
Forward-looking statements
This news release contains forward-looking statements, including but not limited to statements regarding the expected benefits of the transaction. Forward-looking statements are subject to both known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include, among others: Synopsys’ ability to successfully manage or integrate Intrinsic ID’s assets and employees with its own, which could include the potential loss of customers, key employees, partners or suppliers; and uncertain customer demand and support obligations for silicon-proven hardware and software-based PUF IP. Other risks and uncertainties that may apply are set forth in the Risk Factors section of Synopsys’ most recent Quarterly Report on Form 10-Q. Synopsys undertakes no obligation to update any forward-looking statement contained in this press release.
Editorial contact:
Kelly Wheeler
Synopsys, Inc.
650-584-5000
[email protected]
[email protected]
SOURCE Synopsys, Inc.
