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Chip design software firm Cadence forecasts sales below expectations, shares fall, ET Telecom

Cadence and Synopsys are benefiting from more companies designing their own chips and the systems they go into. While the two companies have long been roughly equal in market capitalization, Synopsys could be come larger if it closes its $35 bid for engineering software firm Ansys. ....

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Synopsys, Inc. (NASDAQ:SNPS) Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lessened its stake in shares of Synopsys, Inc. (NASDAQ:SNPS – Free Report) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 78,968 shares of the semiconductor company’s stock after selling 2,337 shares during the […] ....

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