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Inceptionr LLC acquired a new position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 649 shares of the semiconductor company’s stock, valued at approximately $334,000. A number of other institutional investors […]
Reuters reported last week that the group had outbid competitors and was in advanced discussions to purchase the SIG unit, which offers application security testing for software developers. Synopsys CEO Sassine Ghazi said the move sharpened the company's focus on its core chip design business and would help capitalize on the "AI-driven era." Synopsys announced plans in late 2023 to divest its SIG unit.
(Bloomberg) -- Chip-design company Synopsys Inc. is selling its software integrity business to two private equity firms for as much as $2.1 billion in cash.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeJudge Threatens Trump With Jail Over Gag Order ViolationsTreasury Rally Risks Running Into a $125 Billion Brick WallBuffett Praises Apple After Trimming It, Drops Paramount StakeClearlake Capit
Summit Global Investments decreased its position in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 35.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,907 shares of the semiconductor company’s stock after selling 2,643 shares during the period. Summit Global Investments’ holdings […]
New York Life Investment Management LLC increased its position in Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 0.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,853 shares of the semiconductor company’s stock after buying an additional 107 shares during the period. New York Life Investment […]