Siemens has signed an agreement to acquire Precision Innovations, a privately held electronic design automation software company, to expand Siemens’ EDA portfolio with AI-powered chip planning capabilities that can help semiconductor teams to optimise power, performance, and area earlier in the design process
Precision Innovations develops EDA software on the open-source OpenROAD framework to help semiconductor teams evaluate design feasibility, reducing design iterations and accelerating time to market as system-on-a-chip complexity grows.
The Acquisition reinforces Siemens’ EDA portfolio with AI-driven chip planning and design exploration capabilities, complementing Siemens’ digital design and verification solutions by facilitating faster feasibility and more informed downstream decisions.
Precision Innovations will join Siemens as a key addition to its Digital Design Creation Software, complementing existing digital design and implementation capabilities to provide a comprehensive, end-to-end digital flow that includes architecture, implementation, and the full silicon lifecycle management of SoCs.
Ankur Gupta, executive vice president, IC Portfolio, Siemens EDA, Siemens Digital Industries Software, said, “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. Integrating Precision Innovations’ AI-powered early design exploration into our EDA portfolio can significantly accelerate time to silicon and improve power, performance and area.”
Precision Innovations’ solutions enhance Siemens’ existing EDA offerings across digital design and verification workflows. Combining Precision Innovations’ technologies with Siemens’ EDA portfolio enables Siemens to help customers address growing design complexity, shorten development cycles, and enhance engineering productivity.
Tom Spyrou, chief executive officer, Precision Innovations, said, “Becoming part of Siemens allows us to scale our technology and bring AI-driven chip planning to a much broader set of semiconductor teams. Together, we can help designers leverage AI to evaluate thousands of design options earlier in the process and focus innovation where it matters most.”
Closing of the transaction is subject to customary conditions and is expected in Q3 of 2026. Terms of the transaction were not disclosed.
