Acquisitions

Abstract

Siemens PLM Software has agreed to acquire Solido Design Automation Inc, a developer of variation-aware design and characterization software to semiconductor companies. Terms of the transaction were not disclosed. Siemens said it expected to close the transaction in early December 2017. Solido's machine learning-based products are currently used in production at over 40 major companies, enabling them to design, verify, and manufacture more competitive products. The acquisition further expands the analog/mixed-signal verification portfolio of Mentor Graphics, enabling it to address the growing challenges of IC design and verification for automotive, communications, data-center computing, networking, mobile, and loT applications.