As of August 17th, when they posted financial results for Q3_2016, Synopsys is reporting somewhere in the neighborhood of $1 billion in cash and cash equivalents. As prudent as it may be to save for a rainy day, here’s something a bit more creative the company could do with a portion of that cash: Buy OneSpin.
Why? Because OneSpin offers something that Synopsys doesn’t have – a market-leading position in formal verification. OneSpin would bring that to Synopsys, along with a strong, well-established track record and proven customer engagements across European, North American and Asian markets.