Siemens expands IC verification portfolio through OneSpin acquisition

07 May 2021 CW Team

The company told the media that it can now offer 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.

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.

Siemens plans to add OneSpin Solutions technology to the Xcelerator™ portfolio as part of its suite of electronic design automation (EDA) IC verification offerings.

The acquisition of OneSpin Solutions is expected to close in the second quarter of the calendar year 2021. The terms of the transaction have not been disclosed.

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow.

The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organisations with new insights, opportunities and levels of automation to drive innovation.

OneSpin Solutions which is headquartered in Munich, has developed a fast-growing business by providing the industry's broadest portfolio of formal applications ("apps") for assuring IC designs operate as intended under the most adverse environmental conditions across key growth markets.

Image Source

Also read: Siemens commissions India’s first HVDC power transmission link

Also read: Siemens makes its biggest acquisition in India

Siemens Digital Industries Software has signed a deal with UK-based private equity firm Azini Capital to acquire OneSpin Solutions, a provider of certified integrated circuit (IC) integrity verification solutions.With the move, Siemens has expanded its IC verification portfolio. The company told the media that it can now offer 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. 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. Siemens plans to add OneSpin Solutions technology to the Xcelerator™ portfolio as part of its suite of electronic design automation (EDA) IC verification offerings. The acquisition of OneSpin Solutions is expected to close in the second quarter of the calendar year 2021. The terms of the transaction have not been disclosed. Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organisations with new insights, opportunities and levels of automation to drive innovation. OneSpin Solutions which is headquartered in Munich, has developed a fast-growing business by providing the industry's broadest portfolio of formal applications (apps) for assuring IC designs operate as intended under the most adverse environmental conditions across key growth markets. Image SourceAlso read: Siemens commissions India’s first HVDC power transmission link Also read: Siemens makes its biggest acquisition in India

Technology

03 Apr 2025

Atlas Copco Unveils Innovation Centre in Pune for Smart Manufacturing

Atlas Copco Tools has inaugurated its first Smart Factory Innovation Centre in India, a cutting-edge facility in Pune designed to showcase advanced technologies powering Smart Integrated Assembly ecosystems. The centre will serve as a hub for businesses across automotive, aerospace, electronics, heavy machinery, and manufacturing sectors to explore automation and smart manufacturing solutions for zero-defect production.The Innovation Centre offers hands-on demonstrations of the latest torquing and dispensing technologies, highlighting software-driven solutions that optimize efficiency, enhance..

Resources

03 Apr 2025

Elite Elevators Unveils India’s First Fully Customizable Home Elevator

Elite Elevators, a leader in the premium home lift segment, has launched Elite Elevators Bespoke—India’s first fully customizable luxury home elevator. The launch event, held at the company’s Chennai headquarters, showcased how the new offering redefines residential mobility by integrating state-of-the-art technology with personalized design.Speaking on the launch, Vimal Babu, Founder and CEO, Elite Elevators, said, “At Elite Elevators, our mission has always been to revolutionize home mobility with world-class innovations. Through its enhanced customizable features, our Bespoke elevat..

Real Estate

03 Apr 2025

Under-Construction Homes Now Costlier Than Ready-to-Move Properties

Under-construction (UC) homes are now more expensive than ready-to-move (RTM) properties across major Indian metros, according to the latest insights from Magicbricks.In Delhi, UC homes are priced at Rs 25,921 per sq. ft., surpassing RTM properties at Rs 18,698 per sq. ft. Similarly, in Gurugram, UC homes cost Rs 17,185 per sq. ft., compared to Rs 14,617 per sq. ft. for RTM properties.Mumbai, India’s costliest real estate market, has also seen a sharp rise, with UC home prices soaring 33.4 per cent Y-o-Y in Q1 2025 to Rs 32,371 per sq. ft., while RTM properties stand at Rs 28,935 per sq. ft...

Siemens expands IC verification portfolio through OneSpin acquisition

Atlas Copco Unveils Innovation Centre in Pune for Smart Manufacturing

Elite Elevators Unveils India’s First Fully Customizable Home Elevator

Under-Construction Homes Now Costlier Than Ready-to-Move Properties

Latest Updates

Advertisement

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address