Siemens Acquires Solido Design Automation Inc
December 19, 2017
Just after announcing the company would eliminate two percent of its workforce, Siemens announced they would buy Solido Design Automation, the Saskatchewan specialist in variation-aware design and characterization software for the semiconductor industry.
Variation-aware design and characterization software has become fundamental in the design of complex integrated circuits (ICs) that combine analogue and mixed signal circuitry. 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.
Siemens said: “The acquisition of Solido further expands Mentor’s analog/mixed-signal (AMS) verification portfolio to help customers address the growing challenges of IC design and verification for automotive, communications, data-center computing, networking, mobile, and IoT applications.”
The terms of the acquisition were not disclosed. However, the transaction is expected to be completed in early December 2017. Siemens PLM Software is a business unit of the Siemens Digital Factory Division, with headquarters in Plano, Texas.
