Siemens Digital Industries Software has entered into a definitive agreement to acquire Precision Innovations Inc., which is an EDA software company. This business deal will enhance Siemens’ EDA portfolio as it will incorporate chip planning features powered by artificial intelligence, thus allowing semiconductor engineering teams to improve PPA during the SoC design process.
Precision Innovations, founded in San Diego, California in 2019, specializes in designing EDA software based on the open-source OpenROAD project. The company’s technology allows hardware engineers to evaluate design feasibility, trim design iterations, and accelerate time-to-market as modern SoC architectures grow increasingly complex.
Strengthening Digital Design and Verification Workflows
The addition of Precision Innovations reinforces Siemens’ Digital Design Creation software suite. By integrating early-stage AI design exploration into its existing digital design and verification portfolio, Siemens aims to deliver an end-to-end digital flow that spans architectural analysis, implementation, and full silicon lifecycle management.
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This integrated approach equips semiconductor teams with faster feasibility analysis tools, ensuring more informed decisions during downstream implementation phases and boosting overall engineering productivity.
“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.”
“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.”
Transaction Details and Market Outlook
Precision Innovations was originally established to democratize hardware engineering by reducing the high costs, specialized expertise requirements, and technical uncertainties that have historically restricted access to advanced semiconductor development.