With an aim to help customers ensure the integrity of integrated circuit (IC) and enable functionally correct, safe, trustworthy and secure IC designs, Siemens Digital Industries Software has signed an agreement with London-based Azini Capital to acquire OneSpin Solutions.
Headquartered in Munich, OneSpin Solutions has developed a robust and fast-growing business by providing the industry’s broadest portfolio of formal apps for assuring IC designs operate as intended under the most adverse environmental conditions across key growth markets.
Automated apps are increasingly critical to successful formal verification flows. Formal apps complement traditional formal techniques and help democratise formal verification processes by automating and dramatically streamlining common verification tasks.
Ravi Subramanian, Senior Vice President, IC Verification, Siemens Digital Industries Software, said, “With the addition of OneSpin Solutions, we can now offer our customers industry-leading know-how, product leadership and the industry’s broadest portfolio of automated formal apps for key use-cases, including trust and security, safety, RISC-V and FPGA applications. The unique combination of Siemens’ existing formal products, together with OneSpin Solutions’ domain expertise, industry-leading app portfolio and ‘apps-first’ mindset, can enable Siemens to provide customers with increased efficiency and confidence across the complete verification platform (simulation, formal, emulation and prototyping), leading to faster verification, automation and debug.”
Siemens plans to add OneSpin Solutions technology to the Xcelerator portfolio as part of its industry-leading suite of electronic design automation (EDA) IC verification offerings.
Raik Brinkmann, President & CEO, OneSpin Solutions, said, “Being part of Siemens will allow us to accelerate technology development and deliver our much-needed solutions to a broader user base with the goal of becoming the market’s leading formal verification provider.”
Siemens’ acquisition of OneSpin Solutions is expected to close in the second quarter of the calendar year 2021. Terms of the transaction are not disclosed.