SYNOPSYS,INC. (NASDAQ:SNPS) Files An 8-K Other EventsItem 8.01 Other Events
On September8, 2017, Synopsys, Inc.’s (“Synopsys”) Board of Directors approved a cash repatriation plan, whereby Synopsys will repatriate to the U.S. cash from its international subsidiaries in an amount of approximately $775 million to $850 million. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 8.01 Financial Statements and Exhibits.
|99.1||Press release dated September8, 2017 announcing Synopsys, Inc.’s cash repatriation plan.|
SYNOPSYS INC ExhibitEX-99.1 2 d449853dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 PRESS RELEASE INVESTOR CONTACT: Lisa L. Ewbank Synopsys,…To view the full exhibit click
About SYNOPSYS,INC. (NASDAQ:SNPS)
Synopsys, Inc. provides software, intellectual property (IP) and services. The Company supplies the electronic design automation (EDA) software that engineers use to design and test integrated circuits, also known as chips. It also offers IP products, which are pre-designed circuits that engineers use as components of larger chip designs rather than designing those circuits themselves. It provides software and hardware used to develop the electronic systems that incorporate chips and the software that runs on them. It provides technical services to support its solutions and help its customers develop chips and electronic systems. It is also a provider of software tools that developers use to develop software code in a range of industries, including electronics, financial services, energy, and industrials. It offers products and services in four categories: core EDA; IP, Systems and Software Integrity; Manufacturing Solutions, and Professional Services and Other.