Synopsys has signed an agreement to sell its Processor IP Solutions business to GlobalFoundries, aiming to sharpen its focus on interface and foundational IP while GlobalFoundries seeks to enhance its AI capabilities.

Information on the Target

Synopsys, Inc. has entered into a definitive agreement to sell its Processor IP Solutions business to GlobalFoundries (GF). This sale represents a strategic focus for Synopsys, allowing the company to concentrate on its core offerings related to interface and foundation IP while exploring high-value, AI-driven opportunities in various sectors, including high-performance computing (HPC), mobile, automotive, and consumer electronics. The Processor IP portfolio being sold includes advanced design technologies such as ARC-V™ (RISC-V), ARC® CPU IP, DSP IP, and Neural Network Processing Unit (NPU) IP, as well as the necessary software development tools.

With this transition, Synopsys aims to support its existing customers and partners effectively, ensuring that they experience no disruption as they shift to GF’s stewardship of the Processor IP Solutions business. This move aligns with Synopsys' strategy of maintaining its leadership position in critical engineering solutions from silicon to systems.

Industry Overview in the Target’s Specific Country

The semiconductor industry in the United States is a pivotal sector, reflecting rapid advancements in technology and innovation. With a growing emphasis on artificial intelligence (AI) and machine learning applications, the demand for robust proces