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Synopsys Reports $338.1 Million Revenue For Second Quarter Of 2010

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  • Synopsys Reports $338.1 Million Revenue For Second Quarter Of 2010

    SYNOPSYS REPORTS $338.1 MILLION REVENUE FOR SECOND QUARTER OF 2010

    PanARMENIAN.Net
    May 31, 2010 - 18:24 AMT 13:24 GMT

    Synopsys, Inc., a world leader in software and IP for semiconductor
    design, verification and manufacturing, today reported results for
    its second quarter of fiscal year 2010.

    For the second quarter of fiscal 2010, Synopsys reported revenue of
    $338.1 million compared to $336.8 million for the second quarter of
    fiscal 2009, Synopsys press service told PanARMENIAN.Net

    "Synopsys again delivered solid results this quarter," said Aart de
    Geus, chairman and CEO of Synopsys. "While the customer backdrop
    remains cautious, we continue to execute well on our strategy to
    address customer needs ranging from mainstream to the most advanced
    silicon design flows, all the way to the rapidly growing IP and systems
    space. This quarter we made particular progress in the latter, where
    we believe we have an especially promising outlook."

    Synopsys is a world leader in electronic design automation (EDA),
    supplying the global electronics market with the software, IP and
    services used in semiconductor design and manufacturing. Synopsys'
    comprehensive, integrated portfolio of implementation, verification,
    IP, manufacturing and FPGA solutions helps address the key challenges
    designers and manufacturers face today, such as power and yield
    management, system-to-silicon verification and time-to-results. These
    technology-leading solutions help give Synopsys customers a competitive
    edge in bringing the best products to market quickly while reducing
    costs and scheduling risk. Synopsys is headquartered in Mountain View,
    California, and has more than 60 offices located throughout North
    America, Europe, Japan, Asia and India.

    The company employs several hundred qualified Armenian engineers
    and is serving as the industry's flagship and one of the largest IT
    employers in Armenia. To help provide Armenia with highly qualified
    IT specialists, Synopsys Armenia invests locally in IT education and
    is engaged in a number of successful cooperation programs with major
    Armenian universities.




    From: A. Papazian
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