Siemens Acquires Precision Innovations
Siemens officially announced that it has signed an agreement to acquire Precision Innovations Inc., a privately held electronic design automation software company. Siemens said that this expands its EDA portfolio with AI-powered chip planning capabilities that aim to help semiconductor teams optimize power, performance and area earlier in the system-on-chip design process.
“Becoming part of Siemens allows us to scale our technology and bring AI-driven chip planning to a much broader set of semiconductor teams,” said Tom Spyrou, chief executive officer, Precision Innovations. “Together, we can help designers leverage AI to evaluate thousands of design options earlier in the process and focus innovation where it matters most.”
Precision Innovations develops EDA software built on the open-source OpenROAD framework in an effort to help semiconductor teams evaluate design and accelerate time to market. Siemens believes that the acquisition will complement its digital design and verification solutions by allowing for faster feasibility and more informed downstream decisions.
Siemens said that Precision Innovations will join the company as a key addition to its Digital Design Creation software. Siemens believes Precision Innovations’ solutions will enhance its EDA offerings across digital design and verification workflows, allowing the company to help customers address growing design complexity and improve engineering productivity.
Closing of the transaction is subject to customary conditions and is expected within the third quarter of calendar year 2026.
“With Precision Innovations joining Siemens, we will expand our ability to support customers as they face rapidly increasing SoC complexity and the need to explore new architectures faster and more efficiently,” said Ankur Gupta, executive vice president, IC Portfolio, Siemens EDA, Siemens Digital Industries Software. “Integrating Precision Innovations’ AI-powered early design exploration into our EDA portfolio can significantly accelerate time to silicon and improves power, performance and area.”
More Stories Like This
Siemens’ IC Design Solutions Now Certified for Intel 14A and Intel 18A-P Process Technologies
Brings Intel 14A and Intel 18A-P designs to tape-out faster with verification tools that boost design productivity, quality and confidence Speeds multi-chiplet innovation with a unified workflow for Intel’s advanced packaging technologies that simplifies design and verification from concept to sign-off Siemens today announced that its Calibre nmPlatform tool for integrated circuit (IC) design verification […]
Siemens to Acquire Defacto Technologies
Siemens officially announced that it has entered an agreement to acquire Defacto Technologies, a privately held EDA software company active in the register-transfer level (RTL) design field focused on automated SoC design creation and integration. The company said that the acquisition expands its EDA portfolio with capabilities that aim to help customers manage growing SoC […]
Jack Technology Partners with Siemens to Advance Intelligent Apparel Manufacturing with Industrial AI and Humanoid Robotics
Siemens officially announced that Jack Technology Co. has selected Seimens technologies to accelerate digital innovation across apparel manufacturing operations. The company said that the collaboration brings together low‑code application development, advanced product engineering and intelligent automation to support more flexible, responsive and software‑driven production environments. Jack Technology will deploy Siemens’ new industrial AI orchestration software, […]