Synopsys Rides On Innovation

Synopsys Inc. (SNPS - Analyst Report) recently launched its new StarRC Custom parasitic extraction solution for analog mixed-signal (AMS) and custom digital IC design. This new technology has been formed through the combination of Star-RCTX extraction technologies and the Raphael NXT 3D fast field solver.

The new product will offer better runtime and optimum accuracy to support the analytical capability of the highly sensitive circuits. This new solution is linked with Synopsys' CustomSim circuit simulator and also Synopsys' Galaxy Custom Designer implementation solution to improve runtime and designer productivity, while ensuring accuracy of the circuits.

To address the issues related to simulation and severe bottlenecks faced by circuits today, Synopsys has come out with StarRC Custom, which will not only improve extraction runtime but improve the simulation process by optimizing data extraction.

This apart, the company claims that it will be the first IP (Intellectual Property) vendor to showcase SuperSpeed USB 3.0 data transfers. This will be identified as Synopsys' DesignWare SuperSpeed USB 3.0 digital controllers, successfully tested for interoperability with Texas Instruments' (TXN - Analyst Report) SuperSpeed USB 3.0 transceiver.

So the company is continuously rolling out new products and solutions. It is clear that Synopsys is trying to grow through innovation and new product development. We are encouraged by Synopsys’ new technologies and its ability to attract new and important customers, which should improve the company’s revenue and cash flows going forward.

This apart, Synopsys is benefiting from the increasing complexity of semiconductors, and more challenging shrink cycles. The company is gaining traction through new products, acquisitions and new EDA partnerships, which bode well for growth in 2009.

Despite the current macro economic concerns, SNPS posted better-than-expected third quarter 2009 results. Although the industry-wide weakness is impacting the company, the aforesaid actions will help it grow and enhance its business prospects.

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