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Synopsys, Amazon Forge IP Deal for Custom Silicon

Synopsys has entered into an agreement to provide its intellectual property for custom silicon to Amazon. The deal also expands Amazon's use of Synopsys' electronic design automation, simulation, analysis, and AI technologies.

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02:23:32 PM UTC
SquawkNews
WASHINGTON (dpa-AFX) - Chip design software company Synopsys, Inc. (SNPS), announced on Wednesday that it has signed a multi-year strategic agreement with e-commerce and cloud provider Amazon to accelerate custom chip development and expand its silicon IP business.Synopsys said the deal, valued at…