Sources: activist investor Elliott has a multibillion-dollar stake in Synopsys and plans to engage with the company to boost its software and service profits (Lauren Thomas/Wall Street Journal)

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Lauren Thomas / Wall Street Journal:Sources: activist investor Elliott has a multibillion-dollar stake in Synopsys and plans to engage with the company to boost its software and service profits  —  Elliott Managing Partner Jesse Cohn says the company is ‘essential’ to the global chip industry