Previous close | 20.10 |
Open | 17.20 |
Bid | 13.60 |
Ask | 14.30 |
Strike | 560.00 |
Expiry date | 2024-05-17 |
Day's range | 13.00 - 17.20 |
Contract range | N/A |
Volume | |
Open interest | 133 |
By divesting its Software Integrity Group, Synopsys (SNPS) seeks to optimize its operational efficiency and allocate resources more effectively.
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The semiconductor-design software provider Synopsys is selling its software -integrity unit to two private-equity companies, potentially boosting its cash profile. Clearlake Capital and Francisco Partners are buying Synopsys’ security-testing software business for $2.1 billion, including up to $475 million in cash payable when certain conditions are met. Synopsys stock was trading flat after the announcement.