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Synopsys and AWS sign chip design deal worth over $1 billion

Original: Synopsys, Amazon Web Services sign chip design licensing deal worth more than $1 billion

Synopsys and Amazon Web Services have signed a chip design licensing agreement valued at more than $1 billion. Under the deal, AWS gains expanded access to Synopsys semiconductor design tools and intellectual property, strengthening its in-house chip development efforts. The agreement underscores the growing competition among cloud providers to build custom silicon and deepens ties between the electronic design automation leader and Amazon's cloud unit.

Why now: A billion-dollar licensing deal between a leading chip design software company and the largest cloud provider signals major momentum in cloud custom silicon development.

SynopsysAmazon Web ServicesAmazon

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