Added to YB: 2024-01-22
Pitch date: 2024-01-22
SNPS [bullish]
Synopsys, Inc.
-16.67%
current return
Author Info
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Company Info
Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits.
Market Cap
$90.7B
Pitch Price
$545.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
59.57
P/E
58.96
EV/Sales
14.46
Sector
Software
Category
special_situation
Show full summary:
Synopsys + Ansys, a semiconductor software powerhouse
$SNPS to acquire Ansys for $197 cash+0.345 SNPS stock/share expanding TAM 1.5x to $28B 11% CAGR thru 2028 Ansys holders to own 16.5% of PF co Financed w/ cash+$16B debt Accretive Yr2 $400M cost $400M rev synergies Yr3/4 $1B+ LT Close 1H25 Strat+fin promising Mkt expects success
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