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.

Siemens PLM Software (Plano, TX) has agreed to acquire Solido Design Automation Inc. (Saskatoon, SK), 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. Solidóle 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 (AMS) verification portfolio of Mentor Graphics (acquired by Siemens in March 2017), enabling it to address the growing challenges of IC design and verification for automotive, communications, data-center computing, networking, mobile, and loT applications.

Solido helps its customers to address the impact of variability to improve IC performance, power, area, and yield, said Amit Gupta, Solido Design Automation founder, president and CEO. "Combining our technology portfolio with Mentor's IC capabilities and market reach will allow us to provide solutions to the semiconductor industry on an even larger scale," Gupta said. "We are excited to contribute to Siemens' breeder digitalization strategy with our applied machine learning for engineering technology portfolio and expertise."