Synopsys says it has reached an agreement with Elliott Investment Management, following an activist campaign involving the chip-design software maker. The company also announces that Jesse Cohn, who is affiliated with Elliott, will join Synopsys’ board of directors. The settlement terms are not detailed in the available reports, but the company frames the agreement as a resolution with its investor counterpart. Bloomberg and Channel NewsAsia both report the same key developments: the settlement between Synopsys and Elliott and the appointment of Jesse Cohn to Synopsys’ board. The reports do not provide additional information on the broader corporate impact, including any changes to strategy, governance structure, or financial targets, beyond the board appointment. The news comes as investors watch how activist engagement can translate into board representation and influence over company direction.