SNPS · News · 20260807N

Acquisition / Partnership / Divestiture

SYNOPSYS INC · 2026-08-07 · Importance 42 · Surprise 60

GlobalFoundries finalized its acquisition of Synopsys’ ARC Processor IP Solutions business, according to third-party reporting on August 7, 2026. The transaction transfers the ARC Processor IP business to GlobalFoundries as it expands semiconductor and AI-related offerings. GlobalFoundries linked the deal to its broader efforts to capitalize on AI data-center demand and strengthen its physical AI and manufacturing strategy.

Key facts

• Assenagon Asset Management S.A. increased its stake in Synopsys by 39.5% during the second quarter and now owns 2,455,402 shares valued at approximately $1.10 billion. source