SUNNYVALE, Calif., November 7, 2023 /PRNewswire/ – Synopsys, Inc. (Nasdaq: SNPS) today announced it has extended its ARC® Processor IP portfolio to include new RISC-V ARC-V™ Processor IP, enabling customers to choose from a broad range of flexible, extensible processor options that deliver optimal power-performance efficiency for their target applications. Synopsys leveraged decades of processor IP and software development toolkit experience to develop the new ARC-V Processor IP that is built on the proven microarchitecture of Synopsys’ existing ARC Processors, with the added benefit of the expanding RISC-V software ecosystem.