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Wired News – Synopsys Forms Technical Advisory Board with Five Industry Leaders

LONDON, UK / ACCESSWIRE / January 16, 2018 / Active-Investors.com has just released a free research report on Synopsys, Inc. (NASDAQ: SNPS). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SNPS as the Company's latest news hit the wire. On January 11, 2018, the Company announced that it has formed a Technical Advisory Board (TAB) comprising five recognized members of software and security industry. The TAB will be chaired by Dr. Gary McGraw. Register today and get access to over 1000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Synopsys most recent news is on our radar a nd our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=SNPS

Role of the TAB Members

The TAB members will guide the technical direction of the Synopsys Software Integrity Group's security products and services, foster innovation, and help ensure long-term business success. The members will also be responsible for counselling Synopsys on broader trends in the software industry, providing input on its solutions strategy, and helping align its priorities with the requirements of its customers and market.

Professional Contributions of the TAB Members

  • Gary McGraw, Ph.D., is the Vice President of security technology of Synopsys. Before joining Synopsys, he served as the Chief Technology Officer (CTO) of Cigital, which was acquired by Synopsys in 2016. He is a globally recognized authority on software security and the author of eight best-selling books on this topic. Dr. McGraw is also on the advisory boards for several software and security companies.

  • Brian Chess, Ph.D., is Global Vice President of infrastructure, security, and compliance at Oracle NetSuite. He was the Founder and Chief Scientist at Fortify Software. Chess holds a Ph.D. in computer engineering from the University of California. He has been granted more than a dozen patents related to integrated circuit design, web-based applications, and computer security.

  • Neil Daswani, Ph.D., is the Chief Information Security Officer for Symantec's Consumer Business Unit. He has served in a variety of research, development, teaching, and managerial roles at LifeLock (acquired by Symantec), Twitter, Dasient, Google, Stanford University, NTT Docomo USA Labs, Yodlee, and Telcordia Technologies (formerly Bellcore).

  • Charlie Miller, Ph.D., is the Principal Autonomous Vehicle Security Architect at Cruise Automation. After receiving his Ph.D. in mathematics from the University of Notre Dame, he spent five years as a computer hacker for the National Security Agency. Miller has worked for various companies including Twitter, Uber, and Didi Chuxing.

  • Laurie Williams, Ph.D., is the Interim Department Head of Computer Science and a professor in the Computer Science Department of the College of Engineering at North Carolina State University (NCSU). Since 2011, Williams has been a Co-Director of the NCSU Science of Security Lablet, sponsored by the National Security Agency.

Synopsys Launched an Industry Wide TAB in 2010

Synopsys formed a TAB under the auspices of IEEE Industry Standards and Technology Organization (IEEE-ISTO) in June 2010. The purpose of the Interconnect Modeling TAB (IMTAB) was to facilitate the evolution of Interconnect Technology Format (ITF) and promote an interoperable interconnect modeling format to address the industry's advancing process technology and design needs. IMTAB founding members included representatives from industry-leading semiconductor companies, EDA companies, and silicon foundries including Altera Corp., AMD, Apache Design Solutions, GLOBALFOUNDRIES, LSI Corp., Magma Design Automation, NVIDIA, Qualcomm, STMicroelectronics, and Synopsys.

Synopsys' Software Integrity Platform

Synopsys offers the most comprehensive solution for building integrity, security, and quality into the software development life cycle and supply chain. The Software Integrity Platform unites leading testing technologies, automated analysis, and experts to create a robust portfolio of products and services. This portfolio enables companies to develop personalized programs for detecting and remediating defects and vulnerabilities early in the development process, minimizing risk, and maximizing productivity.

Recent Acquisition

On January 10, 2017, Synopsys announced that it has acquired Kilopass Technology, Inc., a leading provider of anti-fuse one-time programmable (OTP) non-volatile memory (NVM) IP used in automotive, mobile, industrial, and Internet of Things (IoT) applications.

Kilopass Technology's one-transistor (1T) and two-transistor (2T) bitcell OTP NVM IP complements Synopsys' existing DesignWare® OTP and MTP NVM IP solutions with support for up to 4-Mbit OTP instances in 180-nm to 7-nm process technologies. With this acquisition, Synopsys further extends its leadership in physical IP, enabling customers to benefit from its development scale, worldwide sales channel, and expert technical support. The terms of the deal were not disclosed.

Stock Performance Snapshot

January 12, 2018 - At Friday's closing bell, Synopsys' stock slightly climbed 0.74%, ending the trading session at $90.37.

Volume traded for the day: 616.17 thousand shares.

Stock performance in the last month – up 3.19%; previous three-month period – up 6.64%; past twelve-month period – up 48.44%; and year-to-date - up 6.02%

After last Friday's close, Synopsys' market cap was at $13.60 billion.

Price to Earnings (P/E) ratio was at 104.84.

The stock is part of the Technology sector, categorized under the Semiconductor Equipment & Materials industry. This sector was up 0.5% at the end of the session.

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