For the first time ever the EDA industry has a $1.75B company. Synopsys announced their results today. Revenue was $444M and their guidance for their whole fiscal year (which ends at the end of October, trick or treat) is $1.742B to $1.75B. I think Cadence got to about $1.5B around 2000 before the first of two major resets which have taken them from #1 to #3. At that time, Synopsys were $780M so roughly half Cadence's size. Mentor has also grown significantly over the years and was over $1B themselves for the first time last year.

I think of EDA as being a $5B business, depending on how you count services and IP (especially ARM) so Synopsys is closing in on 40% of it. If they grow 15% again next year, through a mixture of organic growth and acquisition, then they will be over $2B.

I don't normally report earnings releases since, like product releases, on a website like DAC I feel I should either report all of them or none of them. But Synopsys is now such a huge part of the whole industry, #1 in many segments, #2 in IP. And a war-chest of close to $1B in cash.