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PLANO, Texas - Siemens Digital Industries Software, a division of the $61.6 billion market cap technology giant with a solid financial health rating according to InvestingPro, has announced an agreement to acquire Excellicon Inc., a company specializing in timing constraints software crucial for System-on-a-Chip (SoC) design. This move is set to advance Siemens’ electronic design automation (EDA) portfolio, providing an innovative approach to implementation and verification flows in IC design. The acquisition aims to enable SoC designers to enhance power, performance, and area optimization, as well as speed up design closure and improve productivity. This strategic move comes as Siemens maintains steady growth, with revenue increasing by 5.83% over the last twelve months and the company demonstrating consistent dividend payments for 32 consecutive years.
Timing constraints management is essential in the SoC design process to meet the stringent demands for power, performance, and quick time-to-market. Excellicon’s products offer a comprehensive solution for the authoring, compiling, verification, and management of timing constraints, bridging the gap between early design stages and physical implementation.
Mike Ellow, CEO of Siemens EDA, highlighted the importance of effective timing constraints management for the success of semiconductor SoC designs. He noted that Excellicon’s solutions would complement Siemens’ existing EDA offerings and expand its reach into key market segments alongside products such as Questa, Tessent, Aprisa, and PowerPro.
Excellicon, founded in 2009 and based in Laguna Hills, USA, has developed a proven suite of tools for timing constraints that are integral to the digital design and verification workflow. The terms of the acquisition, expected to close in the coming weeks, have not been disclosed.
Himanshu Bhatnagar, CEO of Excellicon, expressed enthusiasm about joining Siemens and contributing to the broader Siemens EDA community. He emphasized the combined effort to provide better process coverage and enable customers to bring innovations to market more swiftly while tackling increasing complexity in the IC industry.
The acquisition is part of Siemens’ broader strategy to assist organizations of all sizes in their digital transformation, utilizing software, hardware, and services from the Siemens Xcelerator business platform. Siemens Digital Industries Software is committed to optimizing design, engineering, and manufacturing processes to create sustainable products for the future. With analysts setting a consensus target suggesting potential upside and maintaining favorable recommendations, the company’s strategic direction appears promising. For detailed analysis and additional insights, including 6 more exclusive ProTips, visit InvestingPro.
This strategic move reinforces Siemens’ position as a leader in the EDA space and aligns with its purpose of creating technology that transforms everyday life. The information for this article is based on a press release statement.
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