Canada-based Solido develops variation-aware and characterization tools, with a strong emphasis on machine learning. The company has also been working to extend the use of machine learning more widely in the EDA sector through its ML Labs initiative. Siemens cited trends towards such technologies when it announced the Mentor deal.
Solido's products are used for memory, analog/RF and standard cell design. Its client base includes ARM, Broadcom, IBM, Qualcomm and foundries TSMC and GlobalFoundries.
The deal, terms of which were not disclosed, marks Siemens' first Mentor-centric takeover since it closed a $4.5B deal for the company this Spring.
“With the acquisition of Mentor we made a large commitment to EDA,” said Tony Hemmelgarn, president and CEO of Siemens PLM Software. “This new acquisition of Solido strengthens that presence and demonstrates our commitment to serving our customers in the IC industry.”
The deal is expected to close in the next few weeks.