Siemens Digital Industries Software group has acquired Insight EDA Inc. (Millbrae, Calif.) for an undisclosed sum of money.
Insight EDA was founded in 2007 by Jesse Newcomb and has been a pioneer in software tools used by IC designers to improve the quality of circuit designs. SDIS is the same group within Siemens that included Siemens EDA, formerly Mentor Graphics.
Insight EDA’s technology identifies and helps address design-specific potential circuit reliability failure areas in digital, mixed-signal and power circuits. Siemens said Insight EDA’s software will fit well with Siemens’ Calibre PERC product portfolio.
“Joining Siemens is the start of an exciting new chapter for the Insight EDA team and our technologies,” said Newcomb, in a statement issued by Siemens. “Until this point, we’ve been focused on meeting the needs of a select group of customers, but now as part of Siemens EDA, we look forward to bringing our solutions to the global semiconductor ecosystem.”
Terms of the transaction, which closed on November 1, were not disclosed.