AMD and Synopsys Expand IP Partnership

SUNNYVALE, CA and MOUNTAIN VIEW, CA(Marketwired Sep 18, 2014) AMD (NYSE: AMD)

High짯lights:

  • Mul짯ti-year agree짯ment gives AMD access to a ran짯ge of Syn짯op짯sys design IP inclu짯ding inter짯face, memo짯ry com짯pi짯ler, logic libra짯ry and ana짯log IP for advan짯ced Fin짯FET pro짯cess nodes
  • Syn짯op짯sys acqui짯res rights to AMD셲 inter짯face and foun짯da짯ti짯on IP, and hires a team of engi짯neers from AMD with IP R&D expertise
  • The짯se agree짯ments enable AMD to rea짯li짯ze ongo짯ing engi짯nee짯ring effi짯ci짯en짯ci짯es and focus engi짯nee짯ring efforts on pro짯duct differentiation

Syn짯op짯sys, Inc. (NASDAQ: SNPS), a glo짯bal lea짯der pro짯vi짯ding soft짯ware, IP and ser짯vices used to acce짯le짯ra짯te inno짯va짯ti짯on in chips and elec짯tro짯nic sys짯tems and AMD (NYSE: AMD) today announ짯ced they have signed a mul짯ti-year agree짯ment that gives AMD access to a ran짯ge of Syn짯op짯sys Design짯Wa짯re짰 inter짯face, memo짯ry com짯pi짯ler, logic libra짯ry and ana짯log IP on advan짯ced 16/14-nano짯me짯ter (nm) and 10-nm Fin짯FET pro짯cess tech짯no짯lo짯gies. Syn짯op짯sys is also hiring appro짯xi짯m짯ate짯ly 150 AMD IP R&D engi짯neers and gains access to AMD셲 lea짯ding inter짯face and foun짯da짯ti짯on IP.

Syn짯op짯sys is a demons짯tra짯ted lea짯der in deve짯lo짯ping sili짯con-pro짯ven IP for advan짯ced pro짯cess tech짯no짯lo짯gies, pro짯vi짯ding desi짯gners with a broad ran짯ge of high-qua짯li짯ty IP for inte짯gra짯ti짯on into Sys짯tem-on-Chips (SoCs) and deli짯ve짯ring expert tech짯ni짯cal sup짯port. For 45 years, AMD has deve짯lo짯ped and inte짯gra짯ted many forms of com짯plex IP into advan짯ced pro짯ces짯sors, gra짯phics cards and rela짯ted SoCs. By licen짯sing pro짯ven, stan짯dard IP from Syn짯op짯sys and trans짯fer짯ring inter짯face and foun짯da짯ti짯on IP to Syn짯op짯sys, AMD can focus its valuable engi짯nee짯ring resour짯ces on its ongo짯ing pro짯duct dif짯fe짯ren짯tia짯ti짯on and IP reu짯se stra짯tegy and rea짯li짯ze long-term cost efficiencies.

Today셲 announce짯ment ali짯gns with AMD셲 con짯ti짯nuing IP deve짯lo짯p짯ment stra짯tegy to focus our inter짯nal teams on desig짯ning the inno짯va짯ti짯ve 64-bit pro짯ces짯sor, gra짯phics and peri짯phe짯ral IP that forms the foun짯da짯ti짯on for our com짯pe짯ti짯ti짯ve dif짯fe짯ren짯tia짯ti짯on, while lever짯aging Syn짯op짯sys, the indus짯try lea짯der for cost-effec짯ti짯ve deve짯lo짯p짯ment of com짯ple짯men짯ta짯ry stan짯dard IP com짯pon짯ents, for our future SoCs, said Mark Paper짯mas짯ter, AMD seni짯or vice pre짯si짯dent and CTO. 쏻e쇑춚e part짯ne짯red with Syn짯op짯sys for tools and IP for more than a deca짯de, and this expan짯ded rela짯ti짯onship is a gre짯at exam짯p짯le of lever짯aging high-qua짯li짯ty, stan짯dard IP for cost-effec짯ti짯ve reu짯se across mul짯ti짯ple solutions.

We are exci짯ted to expand our rela짯ti짯onship with AMD through this part짯ner짯ship and look for짯ward to their expe짯ri짯en짯ced IP R&D team joi짯ning Syn짯op짯sys, said Joa짯chim Kun짯kel, seni짯or vice pre짯si짯dent and gene짯ral mana짯ger of the Solu짯ti짯ons Group at Syn짯op짯sys. 쏷he짯se agree짯ments are an exam짯p짯le of how our cus짯to짯mers are enga짯ging with us in long-term, col짯la짯bo짯ra짯ti짯ve part짯ner짯ships to meet their IP requi짯re짯ments and enable them to focus their efforts on pro짯duct differentiation.

AMD cost effi짯ci짯en짯ci짯es from the짯se agree짯ments are con짯tem짯pla짯ted in the company셲 2014 quar짯ter짯ly non-GAAP ope짯ra짯ting expen짯se gui짯dance of appro짯xi짯m짯ate짯ly $420 mil짯li짯on to $450 million.

About Syn짯op짯sys
Syn짯op짯sys, Inc. (NASDAQ: SNPS) acce짯le짯ra짯tes inno짯va짯ti짯on in the glo짯bal elec짯tro짯nics mar짯ket. As a lea짯der in elec짯tro짯nic design auto짯ma짯ti짯on (EDA) and semi짯con짯duc짯tor IP, Syn짯op짯sys deli짯vers soft짯ware, IP and ser짯vices to help engi짯neers address their design, veri짯fi짯ca짯ti짯on, sys짯tem and manu짯fac짯tu짯ring chal짯lenges. Sin짯ce 1986, engi짯neers around the world have been using Syn짯op짯sys tech짯no짯lo짯gy to design and crea짯te bil짯li짯ons of chips and sys짯tems. Learn more at www.synopsys.com.

About AMD
AMD (NYSE: AMD) designs and inte짯gra짯tes tech짯no짯lo짯gy that powers mil짯li짯ons of intel짯li짯gent devices, inclu짯ding per짯so짯nal com짯pu짯ters, tablets, game con짯so짯les and cloud ser짯vers that defi짯ne the new era of sur짯round com짯pu짯ting. AMD solu짯ti짯ons enable peo짯p짯le ever짯y짯whe짯re to rea짯li짯ze the full poten짯ti짯al of their favo짯ri짯te devices and appli짯ca짯ti짯ons to push the boun짯da짯ries of what is pos짯si짯ble. For more infor짯ma짯ti짯on, visit www.amd.com.

Cau짯tio짯na짯ry Statement
This press release con짯ta짯ins for짯ward-loo짯king state짯ments con짯cer짯ning AMD, inclu짯ding the anti짯ci짯pa짯ted bene짯fits from AMD셲 mul짯ti-year agree짯ment with Syn짯op짯sys; AMDIP deve짯lo짯p짯ment stra짯tegy; AMD셲 non-GAAP ope짯ra짯ting expen짯se gui짯dance for the third quar짯ter of 2014, which are made pur짯su짯ant to the safe har짯bor pro짯vi짯si짯ons of the Pri짯va짯te Secu짯ri짯ties Liti짯ga짯ti짯on Reform Act of 1995. For짯ward-loo짯king state짯ments are com짯mon짯ly iden짯ti짯fied by words such as 쐀elie짯ves, 쐃xpects, 쐌ay, 쐗ill, 쐓hould, 쐓eeks, 쐇ntends, 쐏ro for짯ma, 쐃sti짯ma짯tes, 쏿nti짯ci짯pa짯tes, 쐏lans, 쐏ro짯jects, 쐗ould and other terms with simi짯lar mea짯ning. Inves짯tors are cau짯tio짯ned that the for짯ward-loo짯king state짯ments in this release are based on cur짯rent beliefs, assump짯ti짯ons and expec짯ta짯ti짯ons, speak only as of the date of this release and invol짯ve risks and uncer짯tain짯ties that could cau짯se actu짯al results to dif짯fer mate짯ri짯al짯ly from cur짯rent expec짯ta짯ti짯ons. Risks include the pos짯si짯bi짯li짯ty that Intel Corporation셲 pri짯cing, mar짯ke짯ting and reba짯ting pro짯grams, pro짯duct bund짯ling, stan짯dard set짯ting, new pro짯duct intro짯duc짯tions or other acti짯vi짯ties may nega짯tively impact AMD셲 plans; that AMD will requi짯re addi짯tio짯nal fun짯ding and may be unable to rai짯se suf짯fi짯ci짯ent capi짯tal on favorable terms, or at all; that cus짯to짯mers stop buy짯ing AMD셲 pro짯ducts or mate짯ri짯al짯ly redu짯ce their ope짯ra짯ti짯ons or demand for AMD셲 pro짯ducts; that AMD may be unable to deve짯lop, launch and ramp new pro짯ducts and tech짯no짯lo짯gies in the volu짯mes that are requi짯red by the mar짯ket at matu짯re yields on a time짯ly basis; that AMD셲 third-par짯ty foundry sup짯pli짯ers will be unable to tran짯si짯ti짯on its pro짯ducts to advan짯ced manu짯fac짯tu짯ring pro짯cess tech짯no짯lo짯gies in a time짯ly and effec짯ti짯ve way or to manu짯fac짯tu짯re its pro짯ducts on a time짯ly basis in suf짯fi짯ci짯ent quan짯ti짯ties and using com짯pe짯ti짯ti짯ve pro짯cess tech짯no짯lo짯gies; that AMD will be unable to obtain suf짯fi짯ci짯ent manu짯fac짯tu짯ring capa짯ci짯ty or com짯pon짯ents to meet demand for its pro짯ducts or will not ful짯ly uti짯li짯ze our pro짯jec짯ted manu짯fac짯tu짯ring capa짯ci짯ty needs at GF셲 micro짯pro짯ces짯sor manu짯fac짯tu짯ring faci짯li짯ties; that AMD셲 requi짯re짯ments for wafers will be less than the fixed num짯ber of wafers that it agreed to purcha짯se from GLOBALFOUNDRIES INC. (GF) or GF encoun짯ters pro짯blems that signi짯fi짯cant짯ly redu짯ce the num짯ber of func짯tion짯al die AMD recei짯ves from each wafer; that AMD is unable to suc짯cessful짯ly imple짯ment its long-term busi짯ness stra짯tegy; that AMD inac짯cu짯ra짯te짯ly esti짯ma짯tes the quan짯ti짯ty or type of pro짯ducts that its cus짯to짯mers will want in the future or will ulti짯m짯ate짯ly end up purcha짯sing, resul짯ting in excess or obso짯le짯te inven짯to짯ry; that AMD is unable to mana짯ge the risks rela짯ted to the use of its third-par짯ty dis짯tri짯bu짯tors and add-in-board (AIB) part짯ners or offer the appro짯pria짯te incen짯ti짯ves to focus them on the sale of its pro짯ducts; that AMD may be unable to main짯tain the level of invest짯ment in rese짯arch and deve짯lo짯p짯ment that is requi짯red to remain com짯pe짯ti짯ti짯ve; that the짯re may be unex짯pec짯ted varia짯ti짯ons in mar짯ket growth and demand for AMD셲 pro짯ducts and tech짯no짯lo짯gies in light of the pro짯duct mix that it may have available at any par짯ti짯cu짯lar time; that glo짯bal busi짯ness and eco짯no짯mic con짯di짯ti짯ons will not impro짯ve or will wor짯sen; that PC mar짯ket con짯di짯ti짯ons do not impro짯ve or will wor짯sen; that demand for com짯pu짯ters will be lower than curr짯ent짯ly expec짯ted; and the effect of poli짯ti짯cal or eco짯no짯mic insta짯bi짯li짯ty, dome짯sti짯cal짯ly or inter짯na짯tio짯nal짯ly, on AMD셲 sales or sup짯p짯ly chain. Inves짯tors are urged to review in detail the risks and uncer짯tain짯ties in AMD셲 Secu짯ri짯ties and Exch짯an짯ge Com짯mis짯si짯on filings, inclu짯ding but not limi짯t짯ed to the Quar짯ter짯ly Report on Form 10멡 for the quar짯ter ended June 28, 2014.