Celebrating India’s independence, enterprise and progress
news

Synopsys Partners with Indian Institute of Technology Bombay to Develop Talent for Semiconductor Industry

Oct 17, 2023 · Source: cision
Synopsys Partners with Indian Institute of Technology Bombay to Develop Talent for Semiconductor Industry

Synopsys Semiconductor Lab for Virtual Fab Solutions Nurtures the Next Generation of Semiconductor Engineers to Address Global Engineering Talent Shortage

Highlights:

  • Synopsys Academic & Research Alliances provides software, course content, training, and scholarships to support the new Synopsys Semiconductor Lab for Virtual Fab Solutions at the Indian Institute of Technology Bombay.
  • Hands-on training enables students to gain knowledge and real-world experience to advance semiconductor innovation.
  • Facilitates research on design technology co-optimization to evaluate next-generation materials, process technologies, and devices.

SUNNYVALE, Calif., Oct. 17, 2023 -- Synopsys, Inc. (Nasdaq: SNPS) and the Indian Institute of Technology Bombay (IIT Bombay) today announced the inauguration of the Synopsys Semiconductor Lab for Virtual Fab Solutions at IIT Bombay as part of the Department of Electrical Engineering under the Center for Semiconductor Technologies (SemiX). With the semiconductor industry facing a major talent shortage to meet anticipated future semiconductor demand, SemiX was established at IIT Bombay to provide an interdisciplinary platform for industry-focused research and education, entrepreneurship, and policy studies. 

Executives from the Indian Institute of Technology Bombay (IIT Bombay) and Synopsys celebrate the inauguration of the Synopsys Semiconductor Lab for Virtual Fab Solutions at the IIT Bombay campus in Mumbai, India.

The new lab will provide engineering students with software solutions to cultivate knowledge on how to develop new technologies that will help advance semiconductor process technology development. Technology computer aided design (TCAD) tools donated by the Synopsys Academic & Research Alliances (SARA) initiative will be used by students, professors, and industry allies for hands-on experience with the latest process technologies, materials, and device architectures. 

The interdisciplinary focus of the new Synopsys lab intrinsically resonates with SemiX where the "X" spans materials, processes, and devices to circuits, systems, and packaging in the semiconductor world. The center features more than forty-five faculty specializing in electrical and mechanical engineering, materials science, physics, and chemistry with additional world-class labs, including the IITB Nano Fab and VLSI Design Lab that run flagship national training programs in technology and design. IIT Bombay has played a central role as India grows its strength in nanoelectronics research. 

TCAD is foundational to the development of semiconductor technology by enabling engineers to explore design technology co-optimization (DTCO) techniques and perform cost-effective and accurate experiments that ultimately improve quality of results and time to results in the semiconductor product lifecycle. Synopsys TCAD solutions utilize computer simulations based on physics models and machine learning approaches to predict the changes in the behavior of semiconductor materials, devices, and structures from node to node. The solutions enable engineers to complete critical design development phases including the process level to mimic steps in fabrication and the device level to simulate how electrical currents move through a device.

The shortage of engineering talent, especially those with expertise in semiconductor process development and manufacturing, is already delaying the ability to operationalize new fabs around the world. Nurturing more process engineers on an automated approach is critical to advance research of new semiconductor materials and architectures, and to bring new fabs online to meet the world's growing demand. Enabling more access to industry-leading software-based tools can add critical talent and promote systematic thinking and industry innovation in crucial areas such device architecture, interconnects, and materials. 

Synopsys and IIT Bombay have a long history of collaboration on research and development (R&D) as well as education and training in semiconductors, including a first-of-its-kind week-long hands-on online training program in process, device, and circuit simulation for Indian academia. This collaborative momentum has culminated in the establishment of the Synopsys Semiconductor Lab for Virtual Fab Solutions to amplify the organic engagement.

The Synopsys Semiconductor Lab for Virtual Fab Solutions will be available to students by the end of the year. The enablement of the lab echoes the SARA program's commitment to be the preferred partner for workforce development and promote semiconductor talent pipelines around the world. In addition to equipping the lab with tools, the SARA program will also provide related course content, training, and scholarships.

What Industry Leaders Are Saying 

Here's what industry leaders are saying about the new Synopsys Semiconductor Lab for Virtual Fab Solutions at IIT Bombay:

"IIT Bombay has pioneered world-class research and education in semiconductor technology and design," said Professor Subhasis Chaudhuri, director, IIT Bombay, speaking about the collaboration. "The Synopsys Semiconductor Lab for Virtual Fab Solutions builds on our past collaboration in semiconductor research and education to boost India Semiconductor Mission's efforts to grow the semiconductor ecosystem by infusing innovation and talent at the global scale."

"The industry is approaching a crossroads marked by growing demand for increasingly advanced silicon chips and an engineering talent shortage that threatens to stifle innovation," said Raj Nair, vice president of Product Management at GlobalFoundries and member of the IIT Bombay SemiX Advisory Board. "Today, more than ever before, the world needs top talent for the significant growth expected in the semiconductor industry. The Synopsys Semiconductor Lab for Virtual Fab Solutions at IIT Bombay is an excellent example of how industry and academia collaboration can help produce the trained professionals our industry needs."

"Software simulation tools can help speed the adoption of new materials and architectures, which are key to enabling higher performance, more power-efficient chips for the IoT and AI era of computing," said Anantha Sethuraman, general manager of Strategic Programs, Semiconductor Products Group at Applied Materials. "Applied has a long history of collaboration with IIT Bombay, and the addition of Synopsys' new Semiconductor Lab for Virtual Fab Solutions at the university will provide valuable resources to engineering students looking to become the next generation of innovators in the semiconductor industry."

"As the global leader in EDA and AI solutions, we believe that addressing the engineering talent shortage is essential to the future of semiconductor technology innovation," said Shankar Krishnamoorthy, general manager of the EDA Group at Synopsys. "We are excited to collaborate with IIT Bombay on nurturing the next generation of engineers to unlock the semiconductor industry's full potential. As a graduate of IIT Bombay, I have benefited greatly from the world-class faculty at this distinguished institution and expect the new Synopsys Semiconductor Lab for Virtual Fab Solutions to make significant contributions to the industry."

Additional Resources

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 an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com.

About Indian Institute of Technology Bombay

Indian Institute of Technology Bombay, set up in 1958 as the second IIT, is recognized worldwide as a leader in the field of engineering education and research. The Institute was granted the status of 'Institution of Eminence' by the Ministry of Education (the then Ministry of Human Resources Development) on July 9, 2018. IIT Bombay is reputed for the quality of its faculty and the outstanding calibre of students graduating from its undergraduate and postgraduate programs. The Institute has 16 academic departments, 31 (Centers/ Programs/ Academic facilities), three schools and four Interdisciplinary programs. Over the last six decades, more than 70,000 engineers and scientists have graduated from the Institute. It is served by more than 715 faculty members considered not only amongst the best within the country but also highly recognized in the world for achievements in the field of education and research. IIT Bombay is not only amongst the best in the country but also highly recognized in the world for achievements in the field of education and research. On June 28, 2023, IIT Bombay has been ranked first in India and 149th globally in Engineering and Technology by the Quacquarelli Symonds (QS). For the first time, the Institute broke into the top 150 universities in the QS World University Ranking 2024.

Editorial Contact:

Kelli Wheeler 

Synopsys, Inc. 

(518) 248-0780

kelliw@synopsys.com  

corp-pr@synopsys.com 

Synopsys

Photo - https://mma.prnewswire.com/media/2248952/SNPS_IIT_Bombay_Group_Photo_Oct__16_MOU_Signing.jpg

Logo - https://mma.prnewswire.com/media/2186690/Synopsys_Logo_Purple.jpg 

Cision View original content:https://www.prnewswire.com/in/news-releases/synopsys-partners-with-indian-institute-of-technology-bombay-to-develop-talent-for-semiconductor-industry-301958316.html

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026 news
Aug 14, 2026 1 min

TestMu AI Unveils the Fifth Edition of the TestMu Conference in 2026

The world s largest virtual agentic engineering and quality conference returns with a focus on autonomous quality, agentic workflows, and AI-native testing strategies SAN FRANCISCO and NOIDA, India , Aug. 14, 2026 -- TestMu AI (formerly LambdaTest), the world s first Agentic AI-powered Quality Engineering platform, is excited to unveil the 5th edition of its flagship TestMu Conference, taking place virtually from August 19 21, 2026. This year s event is expected to host over 75,000 developers, builders, and quality engineers from more than 120 countries, making it the world s largest virtual conference dedicated to agentic engineering and quality.

Michael Owen Joins ehamarkets as Global Brand Ambassador news
Aug 14, 2026 1 min

Michael Owen Joins ehamarkets as Global Brand Ambassador

HONG KONG and NEW YORK , Aug. 14, 2026 -- ehamarkets today announced a global brand partnership with England football legend and 2001 Ballon d Or winner Michael Owen, who has joined the brand as its Global Brand Ambassador. Owen said he was drawn to ehamarkets focus on technology, reliability and a simpler trading experience. I m delighted to join ehamarkets as its Global Brand Ambassador. I like the way ehamarkets uses technology to make trading simpler and more efficient. It s exciting to be part of a brand that is building a modern trading experience for people around the world.

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality news
Aug 14, 2026 1 min

RemotePeople Completes 2026 SOC 2 Type II Audit Across Security, Availability, and Confidentiality

The New York-headquartered global Employer of Record renews its SOC 2 Type II attestation for a full 12-month period, adding to its ISO 27001 and GDPR certifications and its recent A+ platform security rating from Astra Security. NEW YORK , Aug. 14, 2026 -- RemotePeople, a global provider of Employer of Record (EOR), payroll, and recruitment services operating in more than 150 countries, today announced the successful completion of its 2026 SOC 2 Type II audit , covering the Security, Availability, and Confidentiality Trust Service Criteria. The independent examination was performed by INTERCERT CPA LLC in accordance with AICPA SSAE 21 attestation standards and covered a continuous 12-month observation period from May 31, 2025 to May 30, 2026.

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets news
Aug 14, 2026 1 min

Bybit TradFi Perpetuals Extend 24/7 Exposure to Over 200 Global Equities and Pre-IPO Assets

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, is pleased to announce TradFi Perpetual Contracts now offer over 200 curated TradFi-themed listings , marking one of the highest quality coverage of TradFi derivatives exposure available on a crypto-native platform. The lineup now spans equities, ETFs, precious metals, indices, and oil, with coverage extending across premium US, Hong Kong, South Korean and other equities markets.

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders news
Aug 14, 2026 1 min

Deeper Insights, Better Analytics: Bybit Options Close the Data Gap Between Retail and Institutional Traders

DUBAI, UAE , Aug. 14, 2026 -- Bybit , the world s second-largest cryptocurrency exchange by trading volume, announced a major upgrade to its Options Data section, introducing a suite of institutional-grade analytics to provide traders with a clearer view of volatility, positioning, and market structure. The redesigned page integrates institutional-grade analytics with a cleaner, more accessible interface for all users. Options trading has been gaining popularity among digital asset derivatives traders, as they increasingly move beyond simple long or short positions to alternative strategies that account for volatility, time decay, and risk management. Options give traders the right, but not the obligation, to buy or sell an asset at a set price before a set date.

Hippocratic AI Unveils Agentic Orchestrators: NYSE Content Update news
Aug 14, 2026 1 min

Hippocratic AI Unveils Agentic Orchestrators: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK , Aug. 14, 2026 -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today s NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on August 14th Hippocratic AI says it s announced the next generation of healthcare AI Agentic orchestrators feature teams of conversational voice AI agents focused on delivering outcomes. Co-founder and CEO Munjal Shah will join NYSE Live to take viewers through how the new product works. Renewable energy construction company SunScout to celebrate its dual listing SunScout (NYSE American: SNSC) began trading on NYSE American and NYSE Texas earlier this week. CEO Edwin Cywinski and COO Mark Cywinski will join NYSE Live to discuss the milestone. The S&P 500 will look to build off Thursday s record close. The large-cap index surpassed 7,800 for the first time during Thursday s session. Investors are parsing through July U.S. retail sales data.

Binance Research: Gen Z Leads Net Accumulation Across Every TradFi Product news
Aug 14, 2026 1 min

Binance Research: Gen Z Leads Net Accumulation Across Every TradFi Product

New commentary finds 77% of Gen Z direct-equity accounts are net buyers, with 76% accumulating in bStocks, the highest share of any generation. MUMBAI, India , Aug. 14, 2026 -- Binance Research , the market research arm of the world s largest cryptocurrency exchange Binance , has recently published a new weekly market commentary titled Gen Z Perspective Rewrite . The report examines how Gen Z users behave across three TradFi products, namely, direct equities, bStocks, and TradFi-Perps, and finds behavior that is more disciplined and allocation-oriented than common assumptions suggest.

Bitmine Immersion Technologies Announces Record and Payment Dates for Cash Dividends on 9.50% Series A Perpetual Preferred Stock news
Aug 14, 2026 1 min

Bitmine Immersion Technologies Announces Record and Payment Dates for Cash Dividends on 9.50% Series A Perpetual Preferred Stock

NORWALK, Conn. , Aug. 14, 2026 -- (NYSE: BMNR; BMNP) Bitmine Immersion Technologies, Inc. ( Bitmine or the Company ) announced today that its Board of Directors has declared seventeen cash dividends on the Company s 9.50% Series A Perpetual Preferred Stock (the Series A Preferred Stock ), which is listed on the New York Stock Exchange under the trading symbol BMNP . The dividends will be payable in cash in accordance with the terms of the Certificate of Designations governing the Series A Preferred Stock. The record dates, payment dates, and per-share amounts for each dividend are set forth below: