SNPS news

Synopsys initiated a $1 billion accelerated share repurchase with JPMorgan to buy back shares, reflecting commitment to shareholder returns despite market volatility.

Synaptics Incorporated has entered into an amended and restated agreement and plan of merger with ON Semiconductor Corporation and Sonic Acquisition Corp, accepting a $35 per share offer.

Synaptics Inc. entered into an agreement to be acquired by ON Semiconductor Corporation. This strategic M&A deal, dated June 25, 2026, outlines the reorganization plan for the semiconductor companies.

Elliott Investment Management secured board representation at Synopsys through a cooperation agreement appointing Jesse Cohn as a new director. The appointment reflects activist investor influence at the semiconductor design software company and signals potential governance changes ahead.

Synopsys reported Q2 revenue of $2.276 billion above guidance with non-GAAP EPS of $3.35, raising full-year revenue guidance to $9.665 billion midpoint and non-GAAP EPS to $14.76 on strong execution and margin expansion. The company plans an investor day in September to detail long-term strategy as …