It seems these no longer fit with the Tessent strategy for product life cycle management and supporting Siemens with building and managing digital twins. The company has a signficant partnership with ARM to build digital twins of cars, and the UltraSoc IP would provide monitoring data from the system on chip devices in development and the the field and also protects the chip. Siemens has has a significant number of patent applicaitons for digital twin technology.
For Mentor and Siemens, this makes the UltraSoc deal a key strategic move, says Brady Benware, general manager of the Tessent product line at Mentor Graphics, part of Siemens Digital Industries Software.
“This is not a deal about cost synergies, this is about the strategy of design for lifecycle management," he said. UltraSoc has design centres in Cambridge and Bristol in the UK and Warsaw in Poland. Benware says be does not expect to see any reduction in these.