Perforce buys Methodics

Version-control specialist Perforce Software has bought Methodics, which focuses on the lifecycle and traceability management of semiconductor IP.

The two companies already had a strategic partnership in place but the acquisition sees Perforce straddle both hardware and software development processes.

“The semiconductor and embedded software design markets continue to expand, especially as they serve growing AI, automotive, cloud, and IoT markets,” said Mark Ties, Perforce CEO. “Together with Methodics, Perforce will enable these markets to drive faster time to market, higher quality, greater operational efficiency, and increased security and compliance at scale. We are also excited about the opportunity to extend this joint solution into gaming, automotive, and other industries.”