Siemens Digital Industries Software Acquires Avery Design Systems
November 2, 2022
Siemens Digital Industries Software has signed an agreement to acquire Avery Design Systems, a simulation-independent verification IP supplier headquartered in Tewksbury, Massachusetts. The acquisition will add Avery's verification IP and compliance test-suite technology to Siemens' Xcelerator portfolio to strengthen Siemens' integrated circuit verification offerings.
- Targets
- Avery Design Systems, Inc.
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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