Synopsys Inc (LTS:0LBP)
$ 524.93 0.66 (0.13%) Market Cap: 80.18 Bil Enterprise Value: 78.86 Bil PE Ratio: 54.12 PB Ratio: 10.40 GF Score: 88/100

Synopsys Inc at KeyBanc Capital Markets Emerging Technology Summit Transcript

Mar 09, 2022 / 05:30PM GMT
Release Date Price: $308.7 (+6.28%)
Jason Vincent Celino
KeyBanc Capital Markets Inc., Research Division - Senior Research Analyst

Maybe first as an intro for people in audience and on the webcast, you may not know Synopsys' story. Do you want to give us the 2-minute elevator description and a little bit about yourself?

Trac Pham
Synopsys, Inc. - CFO

Great. Jason, it's good to see you. I know we talked just a few weeks ago. So it is awesome to see you in person and attend the conference. For those of you who are not familiar with Synopsys, we are a software company. This year, we're on track to do about close to $5 billion of revenues, growing in the double digits. And we have really 3 lines of business: One, that's a semiconductor software focus. It's EDA tools that companies -- chip companies use to design chips. We have an IP business, which is basically preconfigured software, building blocks for chip design.

And then our emerging business is the Software Integrity business, which is roughly 10% of the overall company and a software focused on finding security vulnerability in the

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