Synopsys Sells Processor IP Unit to GlobalFoundries, Refocusing on Core IP
Synopsys has entered a definitive agreement to sell its Processor IP Solutions business to GlobalFoundries, including ARC-V (RISC-V), ARC CPU IP, DSP IP, Neural Network Processing Unit IP, and related tools such as ARC MetaWare Development Toolkits, along with ASIP Designer and ASIP Programmer tools. Synopsys will use the proceeds to sharpen its leadership in interface and foundation IP and pursue AI-driven opportunities from cloud to edge, while GF gains a broader processor IP portfolio and enhanced manufacturing capabilities. The transaction is not material to Synopsys and is expected to close in the second half of 2026, subject to regulatory approvals, with a transition plan in place to support customers during the move.