Shanghai, China-Sep. 3, 2019, Brite Semiconductor (“Brite”), a world-leading ASIC design solution provider headquartered in Shanghai and Synopsys (NASDAQ:SNPS) today announced a multi-year extension of their IP OEM partner agreement, which provides Brite Semiconductor with continued access a wide range of high-quality DesignWare® IP and expert technical support from Synopsys.

“The extension of our long-term partnership with Synopsys provides our customers continued access to a broad portfolio of silicon-proven IP, which can meet our customers different requirements,” Dr. John Zhuang, CEO of Brite said. “The combination of Synopsys’ DesignWare IP solutions and Brite’s design services will help our customers reduce risks and costs, accelerate SoC design and shorten time to market.”

“Synopsys’ IP OEM Partner Program extends beyond the traditional customer/supplier relationship by providing the necessary IP, resources and infrastructure to help our partners, such as Brite, quickly create successful designs and deliver first-rate support to their end customers,” said John Koeter, Vice President of Marketing for IP at Synopsys. “We look forward to continuing our partnership with Brite to help companies bring differentiated products to the market faster and with less risk.”

About Brite Semiconductor

Brite Semiconductor is a world-leading ASIC design solution provider and DDR controller/PHY provider, targeting ULSI ASIC/SoC chip design on SMIC advanced 55nm/40nm/28nm process technology and turn-key solutions. Brite Semiconductor provides flexible one-stop services from RTL/Netlist to chip delivery, seamless, cost effective, and low-risk solutions to customers.

Brite Semiconductor was founded in 2008 by venture capital firms from China and abroad. With headquarters in Shanghai.

For more information, please visit www.britesemi.com

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As the world's 15th largest software company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and is also growing its leadership in software security and quality solutions. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing applications that require the highest security and quality, Synopsys has the solutions needed to deliver innovative, high-quality, secure products. Learn more at www.synopsys.com