Synopsys agrees to sell processor IP business to GlobalFoundries
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall St futures rise on Mideast deal hopes; SpaceX debut in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil falls to near two-month lows as Trump calls off threatened strikes on Iran
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Synopsys Enters Definitive Agreement with GlobalFoundries For Sale of Processor IP Solutions Business
January 14, 2026 9:01 AM ESTKey Highlights:
Synopsys further focuses its IP resources and roadmap on extending leadership in interface and foundation IP while pursuing highest-value, AI-driven opportunities from cloud to edge.Transaction underscores Synopsys' commitment to disciplined portfolio management while capturing highest growth engineering solutions from silicon to systems.Synopsys will continue to broadly enable the industry's processor ecosystems with leading EDA solutions PPA-optimized for processor implementation, verification, signoff and... More
