Synopsys Expands Security Solutions with Acquisition of Elliptic Technologies

Acquisition Complements DesignWare IP Portfolio with a Broad Range of Security IP

MOUNTAIN VIEW, Calif., Jun. 29, 2015 – 

Synopsys, Inc. (Nasdaq: SNPS) today announced that it has acquired Elliptic Technologies, a leading provider of security IP cores and software solutions for mobile, automotive, digital home, Internet of Things (IoT) and cloud computing applications. This acquisition follows Synopsys' recently announced acquisition of Codenomicon and plans to acquire Quotium's Seeker product, demonstrating Synopsys' continued investment in providing the electronics industry with the necessary technology for developing secure products. Elliptic Technologies' security IP solutions complement Synopsys' DesignWare® IP portfolio with products including cryptography cores, security protocol accelerators and processors, Root of Trust embedded security IP modules, secure boot and cryptography middleware as well as content protection IP for integration into system-on-chips (SoCs). Synopsys also gains access to an experienced team of R&D engineers who have deep security expertise and are recognized as thought leaders in the security field.

Elliptic's integrated solutions enable the most efficient silicon design and highest level of security to help prevent a wide range of evolving threats in connected devices such as theft, tampering, side channels attacks, malware and data breaches.

• Cryptography cores including symmetric and hash cryptographic engines, Public Key Accelerators (PKA) and True Random Number Generators (TRNG) provide configurability for the essential building blocks of secure systems
• Security protocol accelerators and co-processors including symmetric, asymmetric, MAC functions, and packet processing support major security protocols such as IPsec, SSL/TLS/DTLS, Wi-Fi, 3GPP LTE/LTE-A, MACsec, SRTP, PKI and storage
• Embedded security IP modules establish secure hardware Root of Trust environments that enable connected devices to securely identify and authenticate themselves to create secure channels for remote device management and service deployment
• Secure boot and cryptography middleware allow the distribution of inherited trust in systems and enable provisioning services, anti-cloning protection and anti-counterfeiting using Elliptic's platform security environment
• Content protection IP including HDCP 2.2 and DTCP-IP for HDMI and DLNA-enabled devices protect audio-visual content against unauthorized copying, interception and tampering

Elliptic's products have been used by leading semiconductor and OEM companies across a wide range of markets. As a founding member of the prpl Foundation's Security Working Group, Elliptic has been dedicated to defining an open security framework for deploying secured and authenticated virtualized services in the IoT and related emerging markets.

"We live in an internet-connected world and built-in security is critical in protecting devices from malware, data breaches and more," said Joachim Kunkel, executive vice president and general manager of the Solutions Group at Synopsys. "Synopsys understands the importance of providing the industry with hardware and software solutions necessary to develop secure electronic products for markets such as IoT, mobile and automotive. The acquisition of Elliptic Technologies enables us to provide designers with a broad portfolio of proven security IP solutions that help them create the SoCs that are at the heart of secure connected devices."

The transaction is not material to Synopsys financials. Terms are not being disclosed.

About Synopsys, Inc.

Synopsys, Inc. is the world leader in electronic design automation (EDA), supplying the global electronics market with the software, intellectual property (IP) and services used in semiconductor design and manufacturing. Synopsys comprehensive, integrated portfolio of implementation, verification, IP, manufacturing and field-programmable gate array (FPGA) solutions helps address the key challenges designers and manufacturers face today, such as power and yield management, software-to-silicon verification and time-to-results. These technology-leading solutions help give Synopsys customers a competitive edge in bringing the best products to market quickly while reducing costs and schedule risk. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan, Asia and India.

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