A company should either be a growth stock - able to get a better return on cash, and therefore not pay a dividend. If a company is not growing, but has a good cashflow, and strong cash position - it should pay a dividend. Synopsys is now neither a growth stock nor a dividend payer. And lastly, I do not see them as an acquisition target. As such, I see no reason to hold this stock.
Being a "tech stock" is no excuse for not paying a dividend. There is NO excuse for this company not paying it's shareholders. I am disgusted with SNPS management for not paying a dividend, and therefore, I am out.