Quickie: Siemens acquires Solido for IC design
Siemens continues to fill out its EDA portfolio, announcing today that it has entered into an agreement to acquire Solido Design Automation Inc.Siemens says Solido provides “variation-aware design and characterization software to semiconductor companies”. I honestly don’t know what that means, but Siemens goes on to say that “Solido 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”.
About the only thing I can contribute here is that Mentor’s IC customers were concerned about the future of the products they rely on from Mentor, given that Siemens PLM’s primary focus is automotive, aerospace, etc. — not on integrated circuits (IC) and semiconductors. This should reinforce Siemens’ commitment to core EDA customers.
Solido CEO and founder Amit Gupta said in prepared remarks that “[c]ombining our technology portfolio with Mentor’s outstanding IC capabilities and market reach will allow us to provide world-class solutions to the semiconductor industry on an even larger scale. We are also excited to contribute to Siemens’ broader digitalization strategy with our applied machine learning for engineering technology portfolio and expertise.”
The terms of the transaction were not disclosed; the deal is expected to complete in early December 2017,