Synopsys Notifies Customers of Unauthorized Access to Web Portal, Expects No Impact To Financial Results Or Guidance

Synopsys, Inc.

has begun informing customers that it recently discovered unauthorized third-party access to Synopsys EDA, IP and optical products and product license files through its customer-facing license and product delivery system. Based on the investigation, Synopsys has determined that no customer project or design data in this system was accessed, and there is no indication that this incident affected any other Synopsys systems. The unauthorized access, which began in July 2015, was discovered by Synopsys in October 2015. In response, Synopsys identified and closed the method used to gain access and engaged Mandiant, a FireEye company and a leading computer forensics company, to independently assist the investigation. The license and product delivery system does not store personally identifiable information (PII) or payment card information (PCI). "While we believe this unauthorized access will have limited impact on Synopsys and our customers, we also believe it is important to be transparent in these situations," said Aart de Geus, chairman and co-CEO of Synopsys. "In this era of all-too-common attempts to improperly access and use software and other information, we take such matters seriously and have notified law enforcement. We regret any concern or inconvenience this may cause our valued customers. We will continue to assess and evolve our security practices and will work with our customers in this effort." Synopsys does not expect this incident to have an impact on Synopsys financial results or guidance.